UK politics
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European Open: Trump announces “big announcement” on mid-term eve
I think we all know what the big announcement will be (and no, it likely won’t be the release of his tax returns).
European Open: GBP approaches 2020 low ahead of UK PM announcement
In just a few hours it is expected to be announced that Liz Truss will take over as the UK’s next PM, and GBP trades ~50 pips above the 2020 low ahead of it.
European Open: Boris Clings on, gold buckles under its own weight
Boris Johnson has vowed to fight on despite 44 government officials now resigning over his refusal to resign. Gold breaks another key level and continues to appear weak.
Is the pound set to suffer amidst Johnson’s latest political woes?
Another day of political turmoil awaits Johnson’s government after two top cabinet members Sunak and Javid resigned yesterday. But does the British pound care?
Boris Johnson stumbles over the line (but there are no winners here)
The British pound hit some turbulence overnight thanks to the confidence vote (or lack of) for UK’s Prime Minister, Boris Johnson.