In March UK’s mortgage approvals fell slightly.This would co-inside with the UK’s slowing housing market. The mortgage approvals net lending was up compared to expected while Net consumer spending was lower than expected. The money supply for the month’s data is down while the money supply for the year’s data is also down. This data was expected but not preferred. This data cause the British sterling to fall compared to the United States Dollar and the Euro.

Read more: UK March mortgage approvals 62.9k vs 63.0k expected