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Daily market commentary: The pound lost ground to other major currencies, following the release of UK inflation data
Such a scenario will no doubt impact the sentiment of investors, reducing the appeal of pound denominated assets. With further bad news likely to arrive on Thursday, when the Chancellor of the Exchequer is expected to announce a number of fiscally restrictive measures, there may be scope for more sterling weakness. Ricardo Evangelista – Senior […] The post Daily market commentary: The pound lost ground to other major currencies, following the release of UK inflation data appeared first on LeapRa...
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Daily
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Pound
Lost
Ground
Other
Major
Commentary
Currencies
Following
Release
Inflation
Forex
Posted: Nov 16 2022, 11:09
Author Name: leaprate
Views: 102217