GBP/USD remains on the defensive below the mid-1.2600s ahead of US GDP data
The GBP/USD pair holds below the mid-1.2600s during the early Asian trading hours on Thursday.
Source: fxstreet.com
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Forex Today: US Dollar modestly recovers as markets enter holiday mode
It will be a quiet Asian session in terms of economic data.
Source: fxstreet.com
Hunt handed £19.8bn borrowing boost ahead of Autumn Statement
Stronger tax receipts and lower debt interest payments have helped the Government borrow £20bn less than official forecasts this year, handing Jeremy Hunt a borrowing boost and raising hopes for pre-election tax cuts.
Source: yahoo.com
Government borrowing rose to £11.6bn in August
Public borrowing was higher than most economists had expected last month.
Source: yahoo.com
Hunt faces calls to cut taxes after borrowing boost for Treasury
Strong tax receipts helped the Government borrow less than expected in July, fuelling the debate over potential tax cuts.
Source: yahoo.com