UK Q-3 GDP has come in demonstrably weaker than expected, -0.4% q/q, -5.2% y/y compared to median forecasts of +0.2%, -4.6% y/y.
Cable has not surprisingly come under heavy pressure. We’ve been as low as 1.6491 so far, presently at 1.6515.
UK Q-3 GDP has come in demonstrably weaker than expected, -0.4% q/q, -5.2% y/y compared to median forecasts of +0.2%, -4.6% y/y.
Cable has not surprisingly come under heavy pressure. We’ve been as low as 1.6491 so far, presently at 1.6515.