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GBPUSD tumbles as gilt selloff and 30-year yields spike, heightening UK fiscal risk ahead of budget | ReutersRefinitiv | Login to see the signal | |
Sterling edges up off four-week low as traders assess impact of bond selloffSummarySterling faces pressure after a global bond rout pushed UK 30-year yields to multiyear highs, highlighting fiscal strains ahead of the Nov. 26 budget; a small bounce occurred but risks from higher borrowing costs and potential tax rises remain. |
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GBPUSD Tumbles as Gilt Yields Surge, Fiscal Fears Ahead of UK Budget | Trading Economics | Login to see the signal | |
Sterling Slides as Gilt Yields SpikeSummaryThe British pound slid below $1.34 as 30-year gilt yields hit 1998 highs amid fiscal concerns before the Autumn Budget; expected tax rises and BoE scrutiny are increasing downside pressure on sterling. |
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GBPUSD Rebounds on Dollar Weakness Despite UK Fiscal Worries, Gilt Yield Spike | Reuters | Login to see the signal | |
Sterling on track for three-day slide versus euro amid fiscal concernsSummarySterling edged higher versus the dollar but faces downward pressure from Britain’s weak fiscal outlook, rising 30‑year gilt yields and bank share weakness; markets await US labour data, BoE committee testimony and a potential autumn budget date this week. |
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GBPUSD Slides on Windfall Tax Fears Despite Strong UK Data | Trading Economics | Login to see the signal | |
Sterling Falls on Fiscal WorriesSummaryThe pound dipped to $1.3455 on windfall tax concerns and possible tax rises, but is still up ~2% monthly due to strong UK data and reduced odds of early BoE cuts, pushing potential easing toward spring 2026. |
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GBPUSD Slides as UK Fiscal Worries Rise After Bank Tax Proposal | ReutersRefinitiv | Login to see the signal | |
Sterling on course for monthly rise against dollar but fiscal risks lingerSummarySterling fell versus the dollar and euro amid UK fiscal concerns and a think-tank bank tax proposal, while gilt yields and bank shares weakened; sterling still on track for a monthly gain against the dollar. |