UK’s Cleverly: Can't confirm if budget will come on October 31

Dhwani Mehta FXStreet

UK Foreign Minister James Cleverly said on Wednesday that they “can't confirm if it will come on October 31.”

Additional quotes

PM Ssunak will want to take time to look at the detail of the fiscal statement.

We know it needs to come soon.

Short delay to get fiscal statement right wouldn't be a bad thing.

Market reaction

At the time of writing, GBP/USD is advancing 0.08% on the day at 1.1473, cheering renewed US dollar selling.

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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