Christopher Nye
on May 14th, 2020 The pound dipped against the euro at the end of Wednesday, after comments by Rishi Sunak acknowledging that the UK is likely to be in a ‘significant recession’, considering the impact of just a few days’ shut down in March. His remarks came after GDP was shown to have fallen by 2% last month in figures released yesterday.
Like much of this week, today is a quiet day for data releases, so we can expect movement to largely be dictated by external factors.
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