Trading news

Expert's opinion from FXFinPro

The UK economy grew by 0.6% in Q4

Today in the UK was published important data, according to which the country's economy grew by 0.6% in the 4th quarter of last year, which is 0.1% more than the forecast of analysts. At the same time, the country's balance of payments deficit unexpectedly rose to 32.7 billion against 21.1 billion expected. Overall balance of payments deficit last year totaled 5.2% of GDP. Such stats along with investors' concerns about the possible exit of Britain from the European Union, will have a negative impact on the British pound dynamics and we forecast a decrease to levels 1,3500-1,3600 in the coming months.

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

 

Thursday, 31 Mar, 2016 / 12:05

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

Source :

Trading news

 

GBPUSD On Track To Settle Above 1.3700

The British pound sterling continues to keep a bullish hold. After failing to [...]

Posted on Friday, 22 Jan, 2021 / 12:08 under

Crude Holds Near Highs

The crude market saw a much quieter period of trading this week. Price [...]

Posted on Friday, 22 Jan, 2021 / 12:07 under

Biden To Push Through Stimulus Aid

Greenback Fades as Bears Take Control The US index dropped towards the 90 [...]

Posted on Friday, 22 Jan, 2021 / 12:06 under