Monday, 3 October 2022

Sterling Latest: Kwarteng Announces Tax Cut U-Turn, GBP Turns Higher

Chancellor Kwasi Kwarteng announced a U-turn of his controversial tax cut for the UK’s highest earners this morning at the Tory party conference. GBP lifted

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...