Sterling made gains across the board following the certainty that both Prime Minister Sunak and Chancellor Hunt are expected to bring to the UK economy with the fiscal plans. However, several questions remain with speculation that the fiscal statement, originally planned for Monday, 31st October, will be postponed. In addition, next week’s BoE meeting, where
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Another volatile week for sterling, with price action driven by the political backdrop. UK Prime Minister Liz Truss resigned following increased pressure since the mini-budget U-turns. The Conservative Party has an accelerated process to install a new leader, which begins on Monday, with a new prime minister announced on Friday. Over the weekend, Former PM