The British currency declined slightly against the European currency over the past month. The pound “slumped” to €1.16 in early September as some economic indicators began to flash.
On the global money markets the bond market was hit with some collywobbles and inflationary trends were affecting potential interest rate rises in the global arena.
With tech companies piling money into AI and ongoing trade tariff tussles the global outlook as we head into autumn is looking uneven,and if money markets get spooked with the ongoing wars and such like things could begin to look gloomier very rapidly.
