United Kingdom Current Account
The Current Account balance is calculated as the difference between exports minus imports of products and services, net factor income (such as interest and dividends), and net transfer payments (such as foreign aid).
A higher than expected figure should be seen as positive (bullish) for the GBP while a lower than expected figure should be seen as negative (bearish) for the GBP.
Forex Sentiment (GBP)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| GBPUSD |
|
|
1.2418 -94 pips |
1.2594 -82 pips |
1.25122 | |
| GBPJPY |
|
|
189.1127 -564 pips |
191.9176 +284 pips |
194.757 | |
| EURGBP |
|
|
0.8573 +2 pips |
0.8613 -42 pips |
0.85712 | |
| GBPCAD |
|
|
1.6973 -138 pips |
1.7102 +9 pips |
1.71111 | |
| GBPCHF |
|
|
1.1274 -152 pips |
1.1561 -135 pips |
1.14256 | |
| GBPNZD |
|
|
2.0792 -198 pips |
2.0744 +246 pips |
2.09901 | |
| GBPAUD |
|
|
1.8944 -230 pips |
1.9270 -96 pips |
1.91738 | |
| GBPNOK |
|
|
0 -137101 pips |
13.6675 +426 pips |
13.71007 | |
| GBPSEK |
|
|
13.1511 -4250 pips |
13.5499 +262 pips |
13.57610 | |
| GBPSGD |
|
|
1.6897 -118 pips |
1.7183 -168 pips |
1.70153 |
News (GBP)
UK Retail Sales Stable In March
UK retail sales were unchanged on a month-on-month basis in March, defying expectations for a gain, preliminary data from the Office for National Statistics showed Friday. Retail sales including automotive fuel grew 0.1 percent in the previous month. Economists were looking for a 0.3 percent gain for March.
RTTNews | 6 days ago
UK Inflation Slows Less Than Forecast
UK consumer price inflation softened less than expected in March but hit the lowest in two-and-a-half years on food prices, adding uncertainty to the timing of the first interest rate cut from the Bank of England. Inflation weakened to 3.2 percent in March from 3.4 percent in February, the Office for National Statistics reported Wednesday.
RTTNews | 8 days ago
UK Unemployment Rate Rises; Wage Growth Slows
The increase in the UK unemployment rate and the marginal slowdown in wage growth in the three months to February suggest an easing of pressure in the labor market. The ILO jobless rate rose to 4.2 percent from 3.9 percent in three months to January, the Office for National Statistics reported Tuesday. The rate was seen at 4.0 percent.
RTTNews | 8 days ago
