MUFG says GBP is much less weak to Trump tariffs than others

Analysts at MUFG say sterling is much less weak to tariffs than the currencies of different G10 international locations.

They cite the predominance of UK companies and exports to the US over items.

On the Financial institution of England later at this time:

• count on a fee minimize
• GBP may gain advantage if the BoE pauses in December
• BOE must be cognizant of the inflation dangers from final week’s funds

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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