Derived Data That Drive Results
By Paul Spirgel — Jan 17 - 01:20 PM
GBP$ holds gain into NY cls, +0.56% at 1.2262; Tues range 1.2300-1.2171
UK wage, employment gains boost hawkish BoE inflation-fight expectations
Wednesday UK CPI anticipated for hints at BoE policy; IRPR sees +50bp Feb 2
Sterling soars as wage data hints at more aggressive BoE nL1N3421B4
USD, UST yields dive after weak NY Fed Mfg data, not generally a mkt mover
GBP$ res 1.23 Tues high, 1.2371 upper 30-d Bolli, 1.2446 Dec 14 trend high
Supt 1.2171 Tuesday low, 1.2144 10-DMA, 1.2069 daily cloud top
EURGBP -0.87% to 0.8792, Tues range 0.8885-0.8792; EUR soft amid dovish ECB talk
Source:
Refinitiv IFR Research/Market Commentary
