Pound plunges to a record low – Daily Market Brief, September 26, 2022

GBP/USD falls to 1.0350 in the Asian session as investors lose confidence in the UK after historic tax cuts from Chancellor Kwasi Kwarteng and the promise of more cuts to come. ·         Pound US dollar parity is looking increasingly likely. Could the BoE step in to support GBP? ·     … Continue reading Pound plunges to a record low – Daily Market Brief, September 26, 2022 →Read more