Suella Braverman has left her position as UK Home Secretary, adding to the turmoil surrounding Prime Minister Liz Truss’s six-week government. In less than a week, after finance minister, Kwasi Kwarting, had been fired on Friday.The Home Secretary was reported to be leaving “by order” from the new Finance Minister …
Read More »Ahead of ECB’s Policy Meeting, Italy’s Political Upheaval Persists
Italian Prime Minister Mario Draghi asked on Wednesday for the upper house Senate to hold a confidence vote that will effectively decide if his coalition government stays in office. This development comes only one day ahead of Thursday’s European Central Bank meeting while heated inflation risks have already seen money …
Read More »GBP/USD faces barrier on UK political crisis
The GBP/USD pair has encountered selling pressure after attempting to sustain above the crucial level of 1.1900 which is a steep fall after surrendering the weekly support at 1.1876 and printed fresh weekly support at 1.1807. On the UK front, ongoing political crisis after the announcement of resignation by current …
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