Why Is The Pound Falling?

The British pound plummeted on Friday after the government announced huge tax cuts in its mini-budget.  It then plunged again on Monday, reaching $1.04 - the lowest level the pound has ever been against the dollar. Why is the British Pound Falling?Patrick's Books:Statistics For The Trading Floor:  https://amzn.to/3eerLA0Derivatives For The Trading Floor:  https://amzn.to/3cjsyPFCorporate Finance:  https://amzn.to/3fn3rvCPatreon Page: https://www.patreon.com/PatrickBoyleOnFinanceVisit our website: www.onfinance.orgFollow Patrick on Twitter Here: https://twitter.com/PatrickEBoylePatrick Boyle YouTube ChannelListen on: Apple Podcasts   Spotify Support the show