GBP/USD OUTLOOK:The British pound surges, rising more than 2% against the U.S. dollar after the UK government reverses nearly all tax cut plans announced a few weeks agoGBP/USD has recovered most of the...
S&P 500, VIX, Financial Stability, USDJPY, GBPUSD and USDCNH Talking Points:The Market Perspective: USDJPY Bearish Below 141.50; Gold Bearish Below 1,680The second half of this past week proved very different than its first...
GBP Key Points:Kwasi Kwarteng Resigns, Jeremy Hunt Named New Chancellor of the Exchequer.Prime Minister Truss Confirmed the Corporate Tax Rate Will Increase to 25%.Political Implications and the Way Forward.
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The pair is now running into a fresh test of the 200-hour moving average (blue line) at 1.1191 as we see a quick tumble in cable from 1.1250 to 1.1190 - down 1.2%...
