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UK wage growth could slow but the pound will not get scared
The UK is delivering its last employment report for 2019 on Tuesday at 09:30 GMT and forecasts are for softer prints which are likely to increase the odds for a rate cut, consequently triggering a downside correction in the pound ahead of a more important batch of data releases later in the week. The decline, however, may be limited as markets anticipate a more expansionary fiscal policy under the new minister of finance. Although the British currency had a bad start to the month, it managed to recoup part of its losses last week mainly because of the resignation of finance minister Sajid Javid, which allowed Chief ... (full story)
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- Feb 18, 2020 3:42am Feb 18, 2020 3:42am
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kingleeny
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- Feb 18, 2020 4:22am Feb 18, 2020 4:22am
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OnlineAddict
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Everyone can see the chart, but only a few can actually read it.