18/03/2026
Sterling is holding firm ahead of the Bank of England’s next policy moves, while the Euro remains under pressure as ECB rate-cut expectations grow.
Markets remain cautious ahead of key trade negotiations and upcoming central bank decisions.
The US Dollar weakens as trade tensions and fiscal concerns mount, with investors cautious ahead of key economic data releases. Sterling remains buoyant, supported by resilience in UK retail and inflation figures, while the Euro faces ECB rate-cut speculation.
Sterling strengthened notably in May, buoyed by a series of stronger-than-expected economic data releases, including GDP, inflation, and retail sales
Markets remain in a cautious stance ahead of key US inflation data, which will influence Federal Reserve rate-cut expectations and broader market sentiment.
US Dollar strengthened after Trump’s tariffs were blocked, improving risk sentiment. The Euro remains pressured as weak German employment figures reinforce ECB rate-cut expectations, while Sterling holds firm following stronger inflation and retail sales data.