« Back
Loading…
News Image

EUR/GBP Surges as Markets Price “Zombie Government” Risk as Starmer Crisis Deepens

Sterling plunged sharply today while UK bond yields surged above 5.1% after the first ministerial resignation calling for Prime Minister Keir Starmer to step down transformed simmering political anxiety into something much more dangerous for markets: the perception that Britain may now be drifting toward a “zombie government.”
Date: 12.05.2026  |  Source: actionforex.com
Read Full Story

Stay Informed!

Follow us on social media so you don't miss important news:

Get smart forecasts, analytics, and valuable insights — install our mobile app for even more power!

Quotes

Instrument Price Change (%)
EURUSD 1.173770 -0.37938%
GBPUSD 1.352710 -0.59962%
USDJPY 157.586000 +0.29659%
XAUUSD 4691.225000 -0.93402%
USDCAD 1.371030 +0.23981%
NZDUSD 0.594700 -0.29855%
USDCHF 0.781370 +0.55465%
AUDUSD 0.722240 -0.43922%
EURGBP 0.867740 +0.2426%
EURJPY 184.963000 -0.063216%
GBPJPY 213.154000 -0.27043%
AUDJPY 113.824000 -0.072866%
CADJPY 114.939000 +0.067037%
CHFJPY 201.641000 -0.19403%
NZDJPY 93.713000 +0.051246%
GBPCHF 1.056880 -0.10964%
EURCHF 0.917110 +0.079661%
USDMXN 17.247240 +0.46097%
USDZAR 16.530570 +0.79739%
USDTRY 45.371100 +0.081175%
USDRUB 74.040000 +0.61478%
USDSEK 9.281300 +0.93306%
USDCNY 6.791500 -0.041211%

Upcoming Important Events

Time Country Event Forecast Previous
12.05.2026
12:30 🇺🇸 Core Inflation Rate MoM (Apr) 0.3 0.2
12:30 🇺🇸 Core Inflation Rate YoY (Apr) 2.7 2.6
12:30 🇺🇸 CPI MoM (Apr) 0.3 0.2
12:30 🇺🇸 CPI YoY (Apr) 3.7 3.3
12:30 🇺🇸 Inflation Rate MoM (Apr) 0.6 0.9
12:30 🇺🇸 Inflation Rate YoY (Apr) 3.7 3.3
13.05.2026
01:30 🇦🇺 Westpac Consumer Confidence Change (May) 1.1 -12.5
12:30 🇺🇸 Producer Price Index MoM (Apr) 0.5 0.5
14.05.2026
06:00 🇬🇧 GDP Growth Rate QoQ (Q1) 0.6 0.1
06:00 🇬🇧 GDP Growth Rate YoY (Q1) 0.8 1