Tue. Sep 29th, 2020

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UK public sector net borrowing in July- 25.9 billion vs. 28.3 billion expected

1 min read
No surprise here that the UK Government debt is through the roof as it supports citizens through the COVID-19 crisis. The longer that the pandemic goes on, the deeper the debt hole becomes. However, some lower revisions from June’s borrowing level will be welcome news as well as a lower headline this month.
The GBPUSD is pushing up towards weekly highs at 1.3267.

 

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