Top Stories
by ForexNewsNow Team on July 12, 2010

U.K. current account deficit widens sharply

global forex fx trader forex tips george osborneNEW YORK (Forex News Now) – Britain’s current account deficit widened sharply in the first quarter of this year, official data showed on Monday, in one of the day’s spotlight FX news events.

According to the U.K. statistics agency, the deficit climbed to GBP 9.6 billion during the January-March period, from an upwardly revised surplus of GBP 500 million in the previous quarter.

Global forex analysts had expected the current account surplus to widen only to GBP -4.5 billion.

By ForexNewsNow Team

This is a general account of the ForexNewsNow Team. It is used to published exclusive content carefully crafted by our experts as well as it is used to bring you the most recent industry highlights from our guest contributors that wish to remain anonymous.

More content by ForexNewsNow Team

Comments (0 comment(s))