News
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GBP/USD: UK rates markets pare back BoE easing expectations – Scotiabank
The UK budget update largely conformed to expectations. The government will raise taxes and borrowing significantly but will also spend heavily on priority projects, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Fxstreet
Thu, Oct 31
JPY: BoJ Governor Ueda leaves door open to hike – Scotiabank
The risk mood has spilled over into FX where high beta currencies are underperforming somewhat while the Japanese Yen (JPY) and Swiss Franc (CHF) are leading gains among the majors, Scotiabank’s Chief FX Strategist Shaun Osborne notes.Fxstreet
Thu, Oct 31
Pound Sterling rebounds as trades pare back BoE dovish bets
The Pound Sterling (GBP) outperforms its majority of peers on Thursday as traders have pared back bets that the Bank of England (BoE) will cut interest rates aggressively after the United Kingdom (UK) Labour government announced its first Autumn Forecast Statement on Wednesday.Fxstreet
Thu, Oct 31
