NewsBot
18-Sep-22, 20:40
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Pound Sterling Dumped Ahead of a Critical Week for the UK, Analysts see Further Losses against Euro and Dollar
The Pound is set to fall further say analysts, although there is a faint prospect the currency finds redemption towards the end of the coming week when a Bank of England rate hike and the 'mini budget' are delivered. The monetary and fiscal double-header comes after the British Pound slid to its lowest level since 1985 against the Dollar on Friday, while plumbing lows not seen since February 2021 against the Euro. [Read Full Article (https://caithness-business.co.uk/article/17732)]
Pound Sterling Dumped Ahead of a Critical Week for the UK, Analysts see Further Losses against Euro and Dollar
The Pound is set to fall further say analysts, although there is a faint prospect the currency finds redemption towards the end of the coming week when a Bank of England rate hike and the 'mini budget' are delivered. The monetary and fiscal double-header comes after the British Pound slid to its lowest level since 1985 against the Dollar on Friday, while plumbing lows not seen since February 2021 against the Euro. [Read Full Article (https://caithness-business.co.uk/article/17732)]