Last week was a positive one for Sterling, with stronger-than-expected employment figures, higher inflation (which pushes back expectations of interest rate cuts), and strong retail sales data.
Since much of this wasn’t fully priced into the market, Sterling outperformed across the board, creating excellent buying opportunities against the Euro, U.S. Dollar, and other major currencies.
German Elections and Their Market Impact
As I write this on a rainy Sunday evening, exit polls for the German election have just been released. By the time you read this, the full results will likely be confirmed.
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