GBP/USD: Trading the Change in U.K. Public Sector Borrowing
November 18th, 2009 by
The British Pound is likely to face increased volatility over the next 24 hours of trading as economists forecast public sector borrowing in the U.K. to increase GBP 7.0B in October, and the rise in the government deficit could weigh on the outlook for future growth as policy makers take unprecedented steps to stem the downside risks for growth and inflation.
Read the rest here:
GBP/USD: Trading the Change in U.K. Public Sector Borrowing
Posted in Foreign Exchange |