Analysts are expecting a slowdown in the U.K. jobs market that could cast doubts on hawkish BOE prospects. But what if the data comes in strong once more?
Our Event Guide for the U.K. Employment Report points out that another upside jobs surprise could further dampen BOE easing expectations, particularly if wage growth accelerates.
Here’s what I’m looking at on EUR/GBP and GBP/CHF in this case.
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