Weekly Market Outlook (11-15 March)
A more tranquil week ahead on the data front with a special focus on the US CPI release.
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A more tranquil week ahead on the data front with a special focus on the US CPI release.
The GBP/USD pair loses traction below 1.2600 during the early Asian trading hours on Wednesday.
The Pound Sterling (GBP) faces an intense sell-off in Wednesday’s early European session as the United Kingdom Office for National Statistics (ONS) has reported softer-than-anticipated inflation data for January.
The United Kingdom’s (UK) ILO Unemployment Rate dropped to 4.% in three months to December, compared to 4.2% in November, data published by the Office for National Statistics (ONS) showed Tuesday.
The Pound Sterling (GBP) falls vertically in Tuesday’s early New York session as stubborn United States Consumer Price Index (CPI) data for January has dampened market sentiment.