Charles Purdy
on January 16th, 2024 There was little movement for sterling again yesterday, but a sharp drop against the US dollar overnight. This morning’s unemployment and earnings data will be joined by inflation tomorrow morning, with a modest drop to 3.8% (from 3.9%) expected.
Any rise could upset the markets, especially in core inflation, which remains at over 5%, while the eurozone’s, which will also be announced tomorrow, is currently at 3.6%.
GBP/USD past year
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