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BOE Credit Conditions & Bank Liabilities Surveys Q1 2018

The Bank of England (BOE) published its credit conditions & bank liabilities surveys for the first quarter 2018 on Thursday.

Key Highlights via Reuters:

UK lenders report a large Q1 drop in availability of unsecured loans to consumers.

Largest drop since records began.

Lenders expect broadly unchanged availability over next 3 months.

See rebound for demand in mortgage lending for next 3 months, supply to remain steady.

EUR/USD within range ahead of ECB, around 1.2370

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GBP/USD consolidates in a range below 1.4200 handle

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