The effect of “Sonak” climbs with sterling and bonds recovering

The effect of “Sonak” climbs with sterling and bonds recovering

Even though there were signs that the Federal Reserve (the US Central Bank) had raised interest rates as a result of the downturn in the world’s largest economy, the dollar only slightly increased and remained at its lowest point from October.

The British government’s bonds continued to recover and the bonds have returned for 20 years to a level that has not reached it since September 23, the day when the economic agenda of the former Prime Minister Liz Terrace led to the collapse of the assets denominated in sterling.
The pound is expected to reach its highest point this month, and the dollar increased by 0.3% to $1.

13125 at 08:25 GMT, but currency experts anticipate pressure on the currency, which has fallen more than 16% versus the dollar this year.
The euro decreased by 0.07 percent to $ 0. 9866, but it is still close to its best level since early October, and it appears that the European Central Bank is prepared to hike interest rates by 75 basis points on Thursday in an effort to lower excessive inflation.
The dollar index, which compares the US dollar to six other major currencies, increased by zero.

112. 13 %.
After an intervention that was thought to have been undertaken by the Bank of Japan on Friday and Monday, the Elaine landed at about 149 to the dollar.
The Ministry of Finance has refrained from commenting on whether it had ordered the intervention in recent days, although it had previously confirmed the intervention in September, while the first purchase of Lin on the part of the Japanese authorities since 1998 was.

On Tuesday, the Chinese currency continued to fall, reaching a record low against the dollar (7,3650) on the mainland and a record low against other currencies.

The impact of “Sonak” increases when the value of the pound and bonds rise.

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