The Pound has seen limited gains as UK GDP data showed that the economy only expanded by 0.4% in February which was lower than anticipated. The market remains volatile after Bank of England Chief Economist Haldane said he will resign from his post in June.
Euro (€) Both Eurozone and German ZEW economic sentiment figures came out worse than expected which put the Euro on the back-foot. ECB President Lagarde will be speaking this afternoon which may cause some short-term volatility for the Euro.
US Dollar ($) US consumer price index inflation came out better than expected yesterday at 0.6%. This led to less demand for the Dollar’s safe-haven status which led to weakness.