- Analytics
- News and Tools
- Market News
- GBP / USD fell to 1.6080 area after the speech Osborne and ADP data
GBP / USD fell to 1.6080 area after the speech Osborne and ADP data
GBP / USD updated intraday low $ 1.6081 after today's statistics showed that in November, employment in the private sector was below forecasts. In November ADP employment in the U.S. was 118 thousand vs. 125 thousand and revised to 157 thousand the previous value.
British Finance Minister George Osborne said that the economy is healthier, and the recovery is gradual and the country is moving in the right direction. Osborne said that the budget deficit will continue to decline, while exports increased by 2 times since 2009. According to him, the economic growth in 2013 will be 1.2%, in 2014 - 2.0%, in 2015 - 2.3% and in 2016 - 2.7%. It should be noted that all the forecasts have been lowered. The budget deficit for this year is 6.9% of GDP, while in 2012-2013. could reach 108 billion pounds, and then decreased to 73 billion pounds in 2015-2016.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
