Thursday , 7 November 2024
Home Forex GBP volatility when the budget was presented – Commerzbank
Forex

GBP volatility when the budget was presented – Commerzbank

Yesterday, when the British Chancellor of the Exchequer, Rachel Reeves, delivered her budget speech, there was visibly a lot of volatility in the gilt market, the market for British government bonds, and in the foreign exchange market in GBP rates.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

BOE cuts bank rate by 25 bps to 4.75%, as expected

Prior 5.00%Bank rate vote 8-1 vs 7-2 expected (Mann dissented to keep...

Nasdaq Technical Analysis – The market cheers Trump’s victory

Fundamental OverviewThe Nasdaq tested the all-time high following Trump’s victory and the...

Federal Reserve expected to deliver 25 bps interest-rate cut, shrugging off Trump victory

The US Federal Reserve (Fed) will announce monetary policy decisions following the...

AUD/USD bounces back strongly to near 0.6630 ahead of Fed policy meeting

The AUD/USD pair recovers almost entire Wednesday’s losses and climbs back to...