Published by Zeb BhamInvestors may find the outlook is poor for sterling in terms of foreign exchange trading, following the release of the minutes of the Monetary Policy Committee (MPC) meeting held by the Bank of England (BoE) earlier this month.Currency strategist at nabCapital Gavin Friend is quoted by Reuters as stating: "It is clear that the BoE is not going to be raising rates any time soon and it's no surprise sterling is weakening."The UK currency fell against both the euro and the dollar this morning (June 23rd) after the BoE voted seven against two to maintain the record low base rate of 0.5 per cent.However, rather than just awaiting news of interest rates, those watching the market may also need to keep track of the possibility of further money being printed, after Adam Posen, an MPC member, suggested this was required.Chris Walker, a foreign exchange strategist for UBS AG, told Bloomberg earlier this week that the UK economy remains "weak".For more information on foreign exchange treasury services and risk management, visit our Corporate FX site