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FX Market Recap

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 23, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Last week we saw the euro struggle against what can only be considered a very strong run by the pound. GBP then, in its own right, seem to do quite well versus a formidable dollar. We saw UK CPI come in as expected at -0.1, but public sector borrowing was also seen to increase by £1.1Billion last month – the worst October increase in 6 years. Retail sales were slightly disappointing with a month-on-month drop seen of -0.6%, whilst, on the whole, GBP ended the week just below 1.4300 against EUR

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