Forex Flash: UK economic calendar could move currency – UBS

FXstreet.com (Barcelona) - The United Kingdom's public finances figures out today are the first of a series of numbers (Q4 GDP etc.) and events this week (MPC minutes, Cameron's re-scheduled Europe speech), which could affirm the market's negative sterling view.

According to Research Analysts Gareth Berry and Geoffrey Yu at UBS, “We support this stance as growth, politics, monetary policy and fiscal challenges continue to bite, however we ultimately caution the market may have jumped on this view a bit too aggressively”

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

RELATED TOPICS