The UK Treasury announced on Thursday that they have extended the furlough scheme until the end of April, as reported by Reuters. Additionally, the government-guaranteed COVID-19 business loan schemes also got extended until the end of March. Market reaction This development doesn’t seem to be providing a boost to market sentiment. As of writing, the UK’s FTSE 100 Index was virtually unchanged on the day at 6,567. Meanwhile, the British pound continues to outperform its rivals. At the moment, the GBP/USD pair is up 0.6% at 1.3588. 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 Cardano price faces one final resistance level before a full-blown rally towards $0.20 FX Street 2 years The UK Treasury announced on Thursday that they have extended the furlough scheme until the end of April, as reported by Reuters. Additionally, the government-guaranteed COVID-19 business loan schemes also got extended until the end of March. Market reaction This development doesn't seem to be providing a boost to market sentiment. As of writing, the UK's FTSE 100 Index was virtually unchanged on the day at 6,567. Meanwhile, the British pound continues to outperform its rivals. At the moment, the GBP/USD pair is up 0.6% at 1.3588. 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.
