Charles Purdy
on September 21st, 2023 Sterling sank yesterday after the inflation data, but the falls were modest.
The main event of today will be the interest rate decision from the BoE at midday, with even a modest, dovish rise to 5.5% no longer priced in.
By this time tomorrow that may all be old news. With several influential readings: GfK Consumer Confidence at midnight tonight, retail sales at 7am and S&P PMI at 9.30am, volatility is entirely possible.
GBP/EUR past year
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