GBP/USD Forecast: Pound Near Six-Week Low as UK Borrowing Jumps and Dollar Strengthens
📉
📄
InvestingCube
۱۴۰۵ شهریور ۳۱, سه‌شنبه ساعت ۱۲:۵۹ (UTC)

GBP/USD Forecast: Pound Near Six-Week Low as UK Borrowing Jumps and Dollar Strengthens

Currency Pairs:💱 GBP-USD

Summary:GBP/USD trades near 1.3370, close to a six-week low, after UK government borrowing exceeded forecasts and renewed concerns over the country's public finances. UK public sector net borrowing reached £18.3 billion in August, while the deficit for the first five months of the fiscal year climbed above the Office for Budget Responsibility's forecast.

Related News

Stay Informed

Get API access to our forex news feed for your application.

Get API Access
GBP/USD Forecast: Pound Near Six-Week Low as UK Borrowing Jumps and Dollar Strengthens