“Uk retail Sales UNEXPECTEDLY Rise in March But Are Unlikely to Lower Boe Rate Cut Bets As Inflation and Job Data Soften.”, – WRITE: www.fxempire.com
James Smith of the Resolution Foundation Commented:
“Tariffs Will Hurt the Economy and Destroy Good Jobs Outside London and Se, So Expert Policy. Big Risks is this Turns Into A Global Recession.”
Bank of England Governor Andrew Bailey Discussed US Tariffs On Thursday, April 24, Stating:
“IT’S NOT JUST The RELATIONSHIP BETWEEN THE US AND The UK, IT’S The RELATIONSIP BETWEEN The Us, the UK and the REST OF THE WORRLD THAT MATTERS SOKAUSE The UK IS SUCH ARIAN. Growth.
GBP/USD Reacts to The Retail Sales Report The Pound Showed A Muted Res at the Retail Sales Data. Ahead of the UK Retail Sales Data Release, The GBP/USD BRIEFLY CLIMBED TO A Pre-Report High of $ 1.3407 Before Dropsing To A Low of $ 1.32731.
Following the UK retail Sales Data Release, The GBP/USD Rose to A High of $ 1.32828 Before Sliding to A LOW OF $ 1.32740.
On Friday, April 25, The GBP/USD Was Down 0.45% to $ 1.32781, Reflection The Market’s Sensitivity to Inflation, Labor Market Trends, Tariffs, and Their Implications.