Jonathan Cook
on December 4th, 2023 GBP/EUR advanced by over 1.2% last week and made smaller gains on the US dollar, as markets became more strident in their view that the BoE would be the last of the three to loosen policy.
It’s another relatively light week for UK data. That may just be the calm before the storm, as next week is set to feature GDP and unemployment reads. We’ll get some interesting reads this week, but next week is the crucial one for the UK economy heading into 2024.
GBP/USD: the past year
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