Day: March 5, 2024

Pound Sterling Rallies Ahead of UK Budget, Eyes on Tax Policy

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The Pound Sterling (GBP) surged towards the critical 1.2700 resistance during early New York trading, fueled by anticipation ahead of Wednesday’s UK Spring budget announcement. Chancellor Jeremy Hunt faces a delicate balancing act between addressing inflation, growth concerns, and potential tax cuts. Market hopes for early Bank of England (BoE) rate cuts could hinge on […]

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