The pound jumps to a 6-week high and UK bond yields fall as new Prime Minister Rishi Sunak pledges to ‘fix mistakes’ by the Truss administration
The Japanese yen is struggling at 3-decade lows while the country’s finance minister says its mix of currency intervention and loose monetary policy isn’t contradictory
Here’s how much the US dollar, British pound and Japanese yen have fallen against gold since the year 1900
Fundstrat’s Tom Lee says the Fed could pause its rate hikes next year – and suggests stocks may rebound in the months ahead
The Japanese yen falls past the key level of 150 to the dollar, hitting a 32-year low as officials say they’re ready to intervene
This One’s Going To Hurt You! US Dollar Continues To Rise, Hurting Investors (US Dollar UP 25.2% With Bidenflation)
This One’s Going To Hurt You! US Dollar Continues To Rise, Hurting Investors (US Dollar UP 25.2% With Bidenflation)
Joe Biden says Liz Truss’s plan to cut taxes for Britain’s ‘super-wealthy’ was a ‘mistake’ as the UK prime minister battles to stay in power