Despite a small wobble in recent days, the pound remains well up on leading currencies such as USD, CAD and JPY compared to the start of the month, although down on NOK and NZD. Against the euro, sterling has held on well to recent gains.
The inflection point in both politics and monetary policy is creating an unpredictable market. Next week there is little data around to confuse the picture further from the UK’s side, but the eurozone interest rate decision could have an impact.
GBP/EUR past year
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