Posts Tagged ‘US Election’
GBP Awaits Key Budget Update, EUR Pressured by Rate Cut Bets, USD Eyes Economic Data and Election Dynamics
GBP The UK budget announcement on Wednesday is expected to weigh on the Pound as markets anticipate potential increases in government spending and public debt. With economic challenges intensifying, any indication of aggressive fiscal policies or higher borrowing could erode investor confidence and apply further pressure on Sterling. If the budget fails to address concerns…
Read MoreBig Week for Brexit
GBP The pound started the week strongly as news broke on an effective COVID-19 vaccination being produced by Pfizer and that the UK Government had pr-ordered 40 million doses. This is by far the highest order compared to population size meaning that the UK economy is now on course to recover faster than its western…
Read MoreAre the US Polls Accurate or can Trump Stage Another Shock Victory?
GBP The Pound finished the week by hitting a seven-week high against the Euro. This high was due to confirmation from Ursula von der Leyen, the President of the EU commission that the UK-EU negotiations are making progress. Though she did confirm that there were two key issues which still needed to be sorted, these…
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