Pound Outperforms as Markets Stabilize After Fiscal Headlines

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Sterling is outperforming in otherwise quiet trading, reversing some of the weakness seen late last week. The Pound and UK bonds were pressured after reports that Chancellor Rachel Reeves had opted to drop tax hikes from next week’s Autumn Budget, a shift that raises fresh questions about the UK’s fiscal shortfall. Today’s recovery in Sterling, […]The post Pound Outperforms as Markets Stabilize After Fiscal Headlines appeared first on Action Forex.