UK budget is expected to be delayed until after October 31- FT

Dhwani Mehta FXStreet

According to a report carried by the Financial Times (FT) on Wednesday, the UK Chancellor of the Exchequer Sajid Javid is expected to delay the government budget, in the face of continuing uncertainty about whether the UK is going to leave the EU with a deal.

The GBP reaction to the above news is muted, as GBP/USD keeps its range around 1.2285 heading into the early European hours.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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