GBP bear and bull tug of war. Higher inflation saw bulls take control, bears regained some ground after low average earnings in the UK. Bank of England hawkish tone, caught the markets off guard and saw a larger amount of Pound strength. USD buying across the board, potential tax reform plans and higher US CPI.
GBP bear and bull tug of war. Higher inflation saw bulls take control, bears regained some ground after low average earnings in the UK. Bank of England hawkish tone, caught the markets off guard and saw a larger amount of Pound strength. USD buying across the board, potential tax reform plans and higher US CPI.
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