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UK Service Sector Slows down

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 7, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Yesterday from the UK we saw data coming in to show that the service sector is going through what can only be described as a period of slow growth – so slow, in fact, that it’s the worst in two and a half years. With the slowdown impacting markets around the world, consumer spending and manufacturing have been hit hard too, but a slowdown in the services sector might be an indication that the UK’s recovery is running out of oomph. After having started the day down against the euro, GBP was up

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