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One News Page » Category » Markets » Wednesday, 18 November 2009 » GBP USD Trading the Change in

Information / Related NewsOpen Full Story in New WindowGBP/USD: Trading the Change in U.K. Public Sector Borrowing

Reported by DailyFX on Wednesday, 18 November 2009 (on November 18, 2009)
DailyFX
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.

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