Trading news

Expert's opinion from FXFinPro

The British pound showed strong price movement today


The price of the British pound showed increased volatility today in connection with the publication of conflicting statistics. The final report on GDP growth in the UK has shown the revision of the index to 0.4% in the third quarter against the previous estimate of 0.5%. At the same time statistics on the balance of payments deficit which amounted to 17.5 billion pounds compared with an expected growth of up to 21.5 billion, was able to neutralize the negative effect of the weak GDP data. Despite the current positive trend, we maintain a medium-term negative outlook on the British pound.

More detailed analytics you can see at our site https://fxfinpro.com/en/analytics

 

Wednesday, 23 Dec, 2015 / 12:47

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news

 

Stocks falter again, bruised dollar seeks to end losing streak

  Market mood sours again as China crackdowns, mixed earnings and [...]

Posted on Friday, 30 Jul, 2021 / 9:44 under

PFIZER CRUSHES Q2, PROJECTS HIGHER COVID-19 SALES

The resurgence of covid-19 cases, with the rapid spread of the Delta variant [...]

Posted on Thursday, 29 Jul, 2021 / 10:57 under

Eurozone Q2 GDP: The Recession Is Over

Tomorrow we await the official confirmation that Europe has exited the [...]

Posted on Thursday, 29 Jul, 2021 / 10:40 under