RSS feeds in the directory: 2817
Added today: 0
Added yesterday: 0
A Number of positive macro data last week from the UK, contributed to some strengthening of the pound and the pair GBP/USD has reached the beginning of a new month, a more than 2-year lows near the 1.2020. In all, over the last three months the GBP/USD pair declined by 6.5%.
As reported by the National Bureau of statistics the UK consumer prices in July rose 2.1% (yoy) after rising 2% in June. The forecast was +1.9 percent. The increase in basic prices was also above expectations at +1.9 percent.
According to the National Bureau of statistics, output prices in July also increased (1.8% compared to the same period of the previous year), which is another sign of the rise of inflationary pressures in the economy as a whole.
In the coming months we should expect further growth in prices as a result of the weakening of the pound, followed by higher prices of imports.
Dollar strengthens its positions on the eve of the Symposium in Jackson hole 20.08.2019 at 10:42
Risk appetite rose amid new stimulus measures 19.08.2019 at 17:04
An analyst from the company ForexMart (Forexport) 19.08.2019 at 13:38
Currency stable, the threat of a trade war is reduced 19.08.2019 at 09:44
An analyst from the company ForexMart (Forexport) 16.08.2019 at 14:27
Alibaba grows, the income again exceeded expectations 16.08.2019 at 09:22
Dollar under pressure after a report from a Chinese news 16.08.2019 at 07:32
Trump demanded that China humane solution to the crisis in Hong Kong 15.08.2019 at 15:55
The crisis in Argentina can be costly to all 15.08.2019 at 09:24
Dollar rises after deferral of fees 15.08.2019 at 09:19