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Tax

British Pound Soars as Truss Cans Tax Cut Plan. Will GBP/USD Extend its Recovery?

Leave a Comment / News / By Admin

BRITISH POUND OUTLOOK: GBP/USD rallies after the UK government scraps expensive and unfunded plan to cut taxes While the Prime Minister’s credibility has been damaged, investors welcome the move towards a less irresponsible fiscal stance The British pound is also boosted by risk-on mood in global markets and the U.S. dollar’s softer tone in the …

British Pound Soars as Truss Cans Tax Cut Plan. Will GBP/USD Extend its Recovery? Read More »

Kwarteng Announces Tax Cut U-Turn, GBP Turns Higher

Leave a Comment / News / By Admin

Sterling (GBP) News and Analysis Pound Sterling lifts on UK tax cut reversal GBP/USD attempts to recover recent losses but fundamentals remain weak Major event risk: Tory party conference, US PMI data and non-farm payrolls (NFP) Recommended by Richard Snow See What our Analysts Forecast for Q4 Pound Sterling Lifts on UK Tax Reversal The …

Kwarteng Announces Tax Cut U-Turn, GBP Turns Higher Read More »

GBP Frailties Remain Despite New Windfall Tax

Leave a Comment / News / By Admin

Pound Sterling (GBP/USD) News and Analysis £15bn fiscal support package to ease ‘cost-of-living squeeze sees Sterling trade lower this morning as attention turns back to troublesome fundamentals GBP/USD key technical levels considered and analyzed Main risk events ahead: US PCE, NFP, ISM services and UK housing data £15bn Fiscal Support Package to Ease Cost-of Living …

GBP Frailties Remain Despite New Windfall Tax Read More »

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