UK’s Sunak says to hold press conference later in the day

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UK finance minister, Rishi Sunak, to speak later today

He will also be speaking in parliament later in the day as he will deliver a statement on the economy, which should encompass his plans on the new wage support scheme:

The pound is finding some bids on the session currently, with cable pushing to fresh highs of 1.2762 and keeping above its key daily moving averages @ 1.2722-30 for now.

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