Fall in Sterling and rise in Gilt yields - Monday Market Insights

Created: 3rd October 2022

Trendsignal’s founder and Chief Market Analyst, Jerry Miller, looks at what’s caused the huge slump in the value of the pound sterling over the past 10 days. On 26th September, the pound reached its lowest ever value against the US dollar following the UK Chancellor’s ‘mini budget’ and subsequent comment that there would be further tax cuts.

But what is really behind this mass sell-off in sterling and UK government bonds… and what are the possible consequences for you, the markets and your money? Watch Jerry’s video to get the answers…

Category: FOREX TRADING

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