-
GBP/USD remains subdued as Truss becomes UK’s Next PM
So, Liz Truss will become the new UK prime minister on Tuesday after defeating Rishi Sunak in the Tory leadership contest today. The result was closer than many people had expected, with Truss taking 57% of votes cast. The markets hardly reacted to the news, not least because the outcome was expected. While we now know who the new PM will be, the economy will still face significant challenges with several quarters of negative growth upon us amid the energy crisis and soaring inflation. Will the market put its trust on Truss to deliver the goods the economy badly needs? Truss pledged to deliver a "bold plan" to tackle ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Sep 5, 2022 2:14pm Sep 5, 2022 2:14pm
-
UnBearybull
- | Joined Aug 2016 | Status: Member | 601 Comments
- Comment #2
- Quote
- Sep 5, 2022 4:00pm Sep 5, 2022 4:00pm
-
Lionsforex
- | Joined Sep 2022 | Status: Junior Member | 1 Comment
- Comment #3
- Quote
- Sep 5, 2022 8:05pm Sep 5, 2022 8:05pm
-
Mattmee
- | Joined May 2016 | Status: Member | 126 Comments
Dragon Shepherd