by Jonathan Cook | Nov 23, 2023
The pound lost some value around the autumn statement, but began the morning down just 0.1% against the euro and up by a similar margin against the US dollar. To coincide with Hunt’s speech, the OBR released its GDP growth forecast for the UK economy, and it did not...
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by Julian Benson | Nov 22, 2023
Speaking yesterday, Hunt said he looks to cut UK taxes and “turbo-charge growth” in today’s Autumn Statement. The pound gained slightly against the euro following these surprise comments. To avoid the unknown, call your trader on 020 7898 0541 to discuss fixing your...
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by Jonathan Cook | Nov 22, 2023
Sterling gained almost 0.5% against the euro while trading flat versus the US dollar in yesterday’s session. UK chancellor Jeremy Hunt will unveil his eagerly anticipated Autumn statement this afternoon. It’s certainly a different atmosphere from this time last year,...
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by Jonathan Cook | Nov 22, 2023
The pound improved by around 0.35% against the euro yesterday, while earlier gains on the US dollar were chased back following the release of the Fed’s FOMC minutes. Jeremy Hunt’s fiscal headroom – the term used by economists to denote the gap between actual public...
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by Jonathan Cook | Nov 22, 2023
The US dollar made gains against the euro while trading largely flat against the pound. Tuesday’s figures showed that existing home sales had slumped by 4.1% month-on-month, down to their lowest levels in over 13 years. The average rate on the popular 30-year...
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