• GBP / USD fell to 1.6080 area after the speech Osborne and ADP data

Noticias del mercado

5 diciembre 2012

GBP / USD fell to 1.6080 area after the speech Osborne and ADP data

 

GBP / USD updated intraday low $ 1.6081 after today's statistics showed that in November, employment in the private sector was below forecasts. In November ADP employment in the U.S. was 118 thousand vs. 125 thousand and revised to 157 thousand the previous value.

British Finance Minister George Osborne said that the economy is healthier, and the recovery is gradual and the country is moving in the right direction. Osborne said that the budget deficit will continue to decline, while exports increased by 2 times since 2009. According to him, the economic growth in 2013 will be 1.2%, in 2014 - 2.0%, in 2015 - 2.3% and in 2016 - 2.7%. It should be noted that all the forecasts have been lowered. The budget deficit for this year is 6.9% of GDP, while in 2012-2013. could reach 108 billion pounds, and then decreased to 73 billion pounds in 2015-2016.


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