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

Weekly Market Outlook (24-28 February)
Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Hasbro says it’s taking steps to offset China tariff effects
France’s 2026 budget to be a ‘demanding’ undertaking, French economy minister warns
GBPUSD falls away from 100 day MA after breaks above fail. Buyers had their shot & missed.

Leave a Reply

Your email address will not be published.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