Early Thursday morning in Asia, The Times came out with the news suggesting further easy money policies from the UK. The reason could be spotted in the employment organizations’ and unions’ push to British Chancellor to keep supporting their workers. Key quotes Business leaders and trade unions have urged the government to provide continued support for workers to prevent the nascent economic recovery from petering out as furlough scheme is expiring in October. Responding to GDP figures that show that economy was two months into a recovery from the deepest recession on record, employer organizations and unions told the Chancellor, Rishi Sunak, to extend furlough or cut employment taxes to avert a jobs disaster. Fx implications Despite being positive for the GBP/USD pair, the news fails to put a bid under the quote while flashing 1.3030 as the quote by the press time. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US President Trump: Economic performance significantly better than Europe FX Street 2 years Early Thursday morning in Asia, The Times came out with the news suggesting further easy money policies from the UK. The reason could be spotted in the employment organizations’ and unions’ push to British Chancellor to keep supporting their workers. Key quotes Business leaders and trade unions have urged the government to provide continued support for workers to prevent the nascent economic recovery from petering out as furlough scheme is expiring in October. Responding to GDP figures that show that economy was two months into a recovery from the deepest recession on record, employer organizations and unions told the Chancellor,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
