The British pound rose on the news that Liz Truss was standing down. (It’s now the best performing currency of the last month, if you can believe). The interest rate Read more
Tag: borisjohnson
Why sterling’s bounce was so tepid — Boris Johnson’s replacement faces an economy at risk of recession
The political uncertainty is, if not over, at least reduced: U.K. Prime Minister Boris Johnson announced he is resigning. The pound GBPUSD, +0.44% did rise, moving to as high as Read more