German inflation<\/a>. German CPI remained unchanged at 2.2% YoY in March. Expectations had been for a rise to 2.3%.<\/p>\nEurozone consumer confidence improved to -14.7 up from -14.9. However economic sentiment fell.<\/p>\n
The pound is rising on optimism over the improving UK economic outlook. PMI data last week saw business activity expand at the fastest pace in 11 months.<\/p>\n
The BoE is expected to cut rates in August as inflation is expected to towards 2% in April.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro (GBP\/EUR) exchange rate is rising adding to last week’s gains. The euro is under pressure after cooler than expected German inflation. German CPI remained unchanged at 2.2% YoY in March. Expectations had been for a rise to 2.3%. Eurozone consumer confidence improved to -14.7 up from -14.9. However economic sentiment fell. The […]<\/p>\n","protected":false},"author":163946598,"featured_media":5320,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,2649,1394,2410],"class_list":["post-117672","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-eur-gbp","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\n
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