Trading news

Expert's opinion from FXFinPro

Industrial production in the UK fell by 1.1%


Statistics from the UK continues to disappoint investors. So, today was published important data on industrial production the volume of which fell by 1.1% in December against an expected decline of just 0.1%. The volume of production in the manufacturing industry decreased by 0.2%. Analysts do not predict changes. The fall in the oil and gas sector continues to have a negative impact on macroeconomic statistics in the country. We forecast a drop in the price of the British pound in the medium term with a target at 1.4000.

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

 

Wednesday, 10 Feb, 2016 / 3:04

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

Source :

Trading news

 

Pound Still Has Hope

Author: Dmitriy Gurkovskiy, Chief Analyst at RoboForex The British Pound [...]

Posted on Monday, 23 Nov, 2020 / 1:01 under

The Week Ahead: Where’s The Money?

EURCAD Retreats as Budget Hits Roadblock The euro came under pressure after [...]

Posted on Monday, 23 Nov, 2020 / 12:30 under

Weekly Fundamental Bulletin: US Revised GDP & Eurozone Flash Estimates

Last week’s highlights Japan GDP rises 21.4% in Q3 There was some good [...]

Posted on Monday, 23 Nov, 2020 / 12:28 under