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Thursday, November 23, 2017

[FOREX NEWS] UK construction sector in recession – GBP/USD is stuck


Pound/dollar is trading above 1.33, closer to the upper end of the 1.3030 to 1.3320 range that characterizes it during long weeks. However, the driver is the weakness of the dollar. The meeting minutes by the FOMC revealed that a few members “oppose” a rate hike and many are becoming more concerned about the absence [...]

The post UK construction sector in recession – GBP/USD is stuck appeared first on Forex Crunch.



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