Last week’s BoE meeting saw a distinct, if rather expected dovish shift. This was added to by Govenor Bailey’s interview with the Financial Times. EURGBP has climbed to 0.86 and could target 0.87 in April. Early Monday trading is on the quiet side after an uneventful weekend in terms of market-sensitive news. Stock markets in Europe are flat while most currencies are also flat. The week ahead will be shortened due to the Good Friday holiday and data releases are few and far between. Indeed, the highlight of the week, the PCE Price Index inflation reading, is due out on Friday when markets are closed. That said, there ... (full story)