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EUR/GBP rallies to 0.8725 as weak UK jobs data weighs on GBP
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Sterling Slides on Soft Jobs Data as BoE Cut Bets Firm; RBNZ Up Next - ActionForex
Sterling trades broadly lower today after weaker-than-expected UK labor data strengthened expectations for a March rate cut from BoE. Rising unemployment and moderating wage growth have shifted the tone around policy outlook, particularly among more centrist MPC members who may now lean more dovish. Traders are now assigning more than 75% probability to a March […] The post Sterling Slides on Soft Jobs Data as BoE Cut Bets Firm; RBNZ Up Next app…
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Bitcoin Ethereum NewsEUR/GBP rallies to 0.8725 as weak UK jobs data weighs on GBP
The EUR/GBP cross gains some positive traction for the second straight day and rallies to a fresh daily high, around the 0.8725 region, during the early European session in reaction to disappointing UK jobs data.
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