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Record UK Current Account Deficit to Pressure UK AAA Rating

posted by Avatar FXTimes 520 days ago in GBP, Fundamental, GDP made popular 519 days ago

Yesterday, I argued that the UK’s credit rating will be a major factor for the GBP/USD, with Moody’s suggesting the loss of its AAA status would be a possibility if the economy faces another shock. The data to monitor will be the continuing debt profile of the UK and today we saw the credit account deficit hit a record high. That plays into our ass
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