Core Viewpoint - The British pound has appreciated by 0.5% against both the US dollar and the euro due to a reduction in market bets on a rate cut by the Bank of England, following warnings from BOE policymaker Megan Greene that a decline in US interest rates could elevate UK inflation [1][1]. Group 1 - The GBP/USD increased by 0.5% to 1.3569, marking the highest level since September [1][1]. - The EUR/GBP decreased by 0.5% to 0.8661 [1][1]. - Swap contracts indicate that traders now expect a 36 basis point cut from the Bank of England this year, down from 41 basis points earlier in the week [1][1].

Group 1 - Senator Elizabeth Warren expressed her desire to see a decrease in U.S. interest rates [1] - Former President Trump has been perceived as an obstacle to the reduction of interest rates [1]