GBP: Staying cautious as depth of UK recession highlights challenges
Summary
By sueyangfx.com August 13, 2020 at 05:09PM Cable is up 45 pips to 1.3080 today but has backed away from the 1.3124 high MUFG Research discusses GBP outlook and “ The GDP report confirmed that the UK economy has been […]
More On Forexlive RSS Breaking News Feed
- Eurozone June trade balance €12.4 billion vs €9.3 billion expected
- Eurozone June industrial production -0.3% vs -0.2% m/m expected
- Eurozone May trade balance €9.4 billion vs €7.9 billion expected
- Eurozone May industrial production -1.0% vs -0.3% m/m expected
- ECBs Knot: Ground for Euro area recovery getting firmer and firmer
August 13, 2020 at 05:09PM
Cable is up 45 pips to 1.3080 today but has backed away from the 1.3124 high
MUFG Research discusses GBP outlook and
“ The GDP report confirmed that the UK economy has been one of the
hardest hit by the negative COVID shock as it contracted by a record
-20.4% in Q2. It was marginally better