Tuesday, December 23, 2014

GBP/USD Hits Fresh Low as UK Current Account Deficit Soars

The pound has fallen across the board this morning with GBP/USD hitting its lowest level since September 2013. Sterling fell in response to some weaker-than-expected data from the UK. Although the third quarter GDP was left unrevised at an enviable 0.7%, the year-on-year rate was revised down to 2.6% from



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