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Sep 20 - 11:55 AM

GBP/USD - Drops Below 1.14 As Pound Skates On Thin Ice

By Rob Howard  —  Sep 20 - 10:05 AM
  • Cable falls to 1.1383 as safe-haven dollar strengthens on Russia news

  • Russia unfurls plan to annex swathes of Ukraine nL1N30R0EN

  • 1.1383 = intra-day low for GBP/USD (1.1351 was 37-year low last Friday)

  • Poll-Confidence in UK assets on thin ice, investors warn nL8N30R3CE

  • TSC insists forecasts should accompany Kwarteng's mini-budget nL8N30R3RF

  • Gilt yields up sharply nS8N2YZ0FP. Fed and BoE rate decisions this week

Source:
Refinitiv IFR Research/Market Commentary

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