UK’s Sunak says to hold press conference later in the day

News

UK finance minister, Rishi Sunak, to speak later today

He will also be speaking in parliament later in the day as he will deliver a statement on the economy, which should encompass his plans on the new wage support scheme:

The pound is finding some bids on the session currently, with cable pushing to fresh highs of 1.2762 and keeping above its key daily moving averages @ 1.2722-30 for now.

For bank trade ideas, check out eFX Plus

Articles You May Like

Gold tumbles 3% on reports of Israel-Hezbollah ceasefire, US Treasury pick
Breaking: US S&P Manufacturing PMI improves to 48.8 in November, Composite PMI rises to 55.3
European shares close higher despite weak data today
Trump and Fed Chair Powell could be set on a collision course over interest rates
Oil rises as intensifying Ukraine war increases supply risk

Leave a Reply

Your email address will not be published. Required fields are marked *