traders are actually believing that
the bank of england is going to hike
interest rates next month, which is
boosting the pound. yesterday, we
had date on which said showed that
wage growth was actually higher than
inflation in february. —— showed.
again, it is pointing to a stronger
economy and a stronger consumer as
well and obviously, stronger
consumer is something that is going
to make the bank of england feel
more comfortable about raising
rates. though the pound is strong
against the dollar but really weak
against the dollar but really weak
against the dollar but really weak
against the euro? it has, it has
value increased against the euro but
not to the same level. i mean, we're
only talking about sort of and ii
month high versus the euro, where as
against the dollar is much stronger.
talking in more detail is all about
an expected rate rise here in the uk
next month, and this is despite the
outlook for the uk in the short term
actually looking quite subdued.
that's right we...