GBP/USD: Surprise 50 bps BoE hike to open the door for a decisive rally

GBP/USD has extended rebound toward 1.32. Can a 25 bps Bank of England (BoE) hike lift the pound? A dovish hike could cause the British pound to weake
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Euro area annual HICP rises to 5.9% in February vs. 5.8% expected

Annual inflation in the euro area, as measured by the Harmonised Index of Consumer Prices (HICP), rose to 5.9% in February, Eurostat announced on Thur
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