Sterling Pound Review February 2nd

The Bank of England lowered inflation estimates yesterday and suggested the central bank would tolerate inflation running above its target, this saw the pound (GBP, sterling) drop against both the euro (EUR) and US dollar (USD). The Brexit White Paper didn’t thrill the markets much either, but, with services data released across Europe and employment data out of the US we could see a volatile end to the week.

 

Tags: Sterling Pound Review
Posted on February 3rd, 2017