Pound-US dollar exchange rate: GBP/USD traders hold breath ahead of US midterms

The pound is trading at a rate of $ 1.306 against the US dollar this morning, which is down only slightly against its opening rate. Politics is most definitely in the driving seat today with traders waiting to see what happens in the US midterm elections. Daily Express :: Finance Feed

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‘Close to impossible’ – Italy faces ‘€10BILLION SHORTFALL’ ahead of crunch budget

ITALY faces a possible shortfall of €10billion ahead of the publication of its draft budget on September 27 according to officials, following weeks of growing concerns over the exorbitant spending plans of the new populist coalition government. Daily Express :: World Feed

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‘Moment on truth’ – Italy on verge of ‘DISASTER’ ahead of budget, ex-official warns

ITALIAN ministers held meetings on Monday to discuss the 2019 budget, as tension mounts over whether Italy intends to cut the budget deficit in line with European Union guidelines, or proceed with large spending plans as proposed by the new populist coalition government. Daily Express :: World Feed

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