Wednesday, November 19


Market expectations seem to be running high for a December BOE cut, but what if the U.K. jobs report posts a strong upside surprise?

Our Event Guide for the U.K. Jobs Report suggests that improvements in consumer sentiment could point to stronger hiring and wage growth, possibly dampening odds of further easing.

Here’s what I’m watching on GBP/JPY and GBP/NZD in this scenario.

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