18/03/2026
Sterling is supported by expectations that the Bank of England will delay rate cuts, while the Euro struggles amid ongoing US-EU trade tensions and German economic concerns.
Currency markets remain influenced by US trade policy developments and fiscal concerns, with the US Dollar struggling against its peers. The Pound remains supported by strong UK economic data, while the Euro benefits from optimism surrounding US-EU trade talks.
Sterling remains buoyant following stronger UK Retail Sales data, which reinforces expectations that the Bank of England may delay rate cuts.
Currency markets remain cautious ahead of key PMI releases from major economies, which could provide fresh insights into business activity and future policy direction.
Pound Sterling rallied after the UK’s CPI data exceeded expectations, reinforcing speculation that the Bank of England may hold off on rate cuts.
Sterling remains stable ahead of the UK’s CPI release, while the Euro is supported by expectations of stable inflation.