Focus on the Pound: Awaiting the Release of UK Consumer Price Index (CPI)
Focus on the Pound: Awaiting the Release of UK Consumer Price Index (CPI) Market Trends from Yesterday: A Reversal Amid Risk Aversion Yesterday, in the overseas markets, tensions between Ukraine and Russia temporarily triggered risk aversion. Ukraine launched long-range missiles, provided by the US, into Russian territory, and Russia did not rule out the possibility […]
Dollar Strengthens Again Following Yesterday’s US CPI, What About the Pound?
Yesterday’s release of the US Consumer Price Index (CPI) for January showed growth that exceeded market consensus expectations in both year-on-year and core year-on-year figures. While US inflation remains subdued, there is a sense that its momentum has stalled recently. In the short-term financial markets, where a rate cut starting in May or June had […]