Inflation growth in Britain is positive for the economy

22.04.2021

The National Statistics Office of Great Britain reported on the eve of the growth of inflation in March to 0.7% y/y. Basic inflation rose to 1.1%, indicating sustainable growth in the economy of foggy Albion. Overall inflation is expected to rise from next month, insofar as we see a good rise in energy prices.

Tonight the US Treasury will add $27.9 billion to the financial system through operations to redeem government bonds, which will increase the surplus of dollar liquidity and will have a negative influence on the value of the American currency.

Investment idea: Buy 1.3915/1.3885 and take profit 1.4010.