Another dip in headline and core U.K. inflation is eyed for March, possibly reviving dovish BOE expectations.
Our Event Guide for the U.K. CPI release points out that the manufacturing and housing sectors reported dips in price pressures for the month and that higher U.S. tariffs aren’t expected to affect the economy so much.
Here’s what I’m watching on GBP/CAD and GBP/JPY in this scenario.
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