UK data showed government borrowing a shade lower than expectations in September (GBP16.6bn) but cumulative borrowing over the fiscal half year was above forecasts which may limit the Labour government’s room for manoeuver in next week’s budget, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Related Articles
Eurozone September retail sales +0.5% vs +0.4% m/m expected
Prior +0.2%; revised to +1.1%Euro area retail sales grew by more than...
GBPUSD Technical Analysis – The greenback soars on Trump’s victory
Fundamental OverviewThe US Dollar rallied across the board yesterday as Trump got...
The Benefits of Accepting Crypto Payments for Forex Brokers
Cryptocurrency payments have made financial transactions faster and safer. Forex brokers that...
Dukascopy Bank Celebrates 20 Years of Innovation and Stability in Trading and Banking
Since its founding in 2004, Dukascopy has grown into a trusted, innovative...
Leave a comment