GBPUSD – Talking PointsRushi Sunak takes office as new PM, third leader for UK in 2 monthsGBPUSD trades back through 50-day MA, resistance pens price in at 1.15USD weakness helps buoy Sterling as...
We're seeing another fresh round of bids in the dollar as Treasury yields continue to pull higher on the day. 10-year yields are up nearly 10 bps to 4.32% and that is keeping...
British Pound Talking Points:GBP continues to get driven by headlines with this morning’s announcement of yet another leadership change at the PM spot for the UK.While GBP/USD has shown a number of short-term...
UK CPI Key Points:UK CPI Rose 10.1% Annually, up from 9.9% in August.The Largest Contribution to the Increase was from Food Prices (14.8% vs 13.4% in August), Namely Oils, Fats and Dairy Products.The...