GBP/USD could set new lows, move below 1.13 on the cards – ING GBPUSD EURGBP Fed UnitedKingdom Banks
“In line with our view for a positive response by the dollar to the Fed announcement, we think cable could set new lows today , and the pound’s higher sensitivity to a potentially adverse reaction in equities compared to the euro suggests some upside risk for“Prime Minister Liz Truss’s policy plans remain very much in focus too, and recent reports that her government may push for tax cuts – including the stamp duty on home purchases – may ease some concerns about the clouded...
, but also fuel doubts about the sustainability of expansionary fiscal policy while delivering a mammoth energy bill support package.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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