The UK Chancellor, Rachel Reeves, announced her first budget yesterday.
And the outcome will be analysed over the next few days.
On the face of it, it looks like it's a budget of hikes with a small smattering of cuts.
Larger small, and medium sized businesses look to be bearing the brunt of the hikes as a percentage.
However this had little effect on GBP rates overall. GBP/EUR did give some ground up, although the rate had been at highs, so the downside risk was much greater anyway.
Today sees a potential game changer for the Euro too with the Eurozone inflation number out mid morning.
Analysts are expecting annualised growth of 2.6%, so either side of that could wobble GBP/EUR.
After that it's the Dollars turn with US personal income and expenditure being released.
Tomorrow, before the start, there's key manufacturing data manufacturing numbers out from China before the Nationwide announces its change in UK house prices.
EUR: 10:00 Inflation Report
US: 12:30 Personal Income and Expenditure
CHN: Friday 01:45 Caixin Manufacturing PMI
UK: Friday 07:00 Nationwide House Prices
As ever we look forward to keeping you in the loop and look out for our next update.
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