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UK FinMin Javid: Fundamentals of UK economy are strong

In response to the disappointing UK growth numbers, the UK Finance Minister Sajid Javid said the fundamentals of the UK economy were strong.

Further Comments:

Govt is determined to provide certainty on Brexit.

Challenging period across the global economy.

Wages are growing, employment is at a record high and we’re forecast to grow faster than Germany, Italy and Japan this year.

The sharp recovery in GBP/USD from the UK GDP driven drop, lost legs near 1.2120 region, with the price currently hovering near 1.2100 mark.

Author

Dhwani Mehta

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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