Monex Analysts Flag U.K. Budget Risks for Sterling
Monex Europe analysts say U.K. fiscal risks could weigh on sterling ahead of the October 28 budget, despite the currency’s resilience.
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Global FX, fixed income markets move on fiscal and inflation concerns
The roundup says the Swiss franc remains supported by safe-haven demand, while sterling and gilt yields rise on expectations for Bank of England policy tightening and ahead of the U.K. budget. It also notes euro weakness tied to French fiscal concerns and a Treasury auction under close watch.