“The pound market is being bought.” UK Chancellor Hunt has released a statement on the medium-term financial plan. He said he would indefinitely withdraw plans to cut income taxes, cut utility bills until April 2023, and withdraw tax cuts on dividends and VAT for non-resident travelers. He announced that £32bn would be saved following the withdrawal of tax cuts.
I think there is a possibility that the EUR will also be bought in conjunction with this, so I just bought EURCHF.
Technical Analysis — November 12, 2026 Overview Today’s main themes are the rise in USD/JPY alongside weaker short-term momentum, bearish reversals in gold, silver, and
Today’s Options Market — November 12, 2026 Spot Rates EUR/USD 1.1075 USD/JPY 159.85 GBP/USD 1.3251 USD/CHF 0.8329 USD/CAD 1.4258 AUD/USD 0.6830 NZD/USD 0.5551 EUR/GBP 0.8355 Today — November 12 EUR/USD 1.1000 €1 billion 1.1050 €651
Today’s Market Outlook November 12, 2026 USD/JPY Pulls Back from 159.95; Intervention Concerns Ahead of 160, with US Yields and the 30-Year Bond Auction in