UK political Tory resignations are dropping like rain because of widespread feeling of incompetence on the part of the Prime Minister Boris Johnson. So far, the pound is holding up after the initial 12 pip move to the downside vs the US dollar. The first was the British Health Secretary …
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UK Chancellor of the Exchequer (Finance Minister) Rishi Sunak will hold a major press conference on Thursday amid souring UK energy costs. The UK energy regulator Ofgem will announce the new energy price cap for April on Thursday morning, UK time. Sunak is expected to announce new financial support measures …
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The GBP/USD pair has maintained choppy performance on Thursday with the US dollar seeing a mixed reaction to weaker than expected initial jobless claims and housing data, though the pair has for the most part remained well supported to the north of the 1.3600 level. At current levels in the …
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