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The pound continued its downwards run on the US Dollar in this week’s forex trading, largely thanks to the release of mediocre Construction PMIs for December 2016. The PMIs measure activity and investment in the sector and are a key indicator of future economic growth. On 21 January, Donald Trump was inaugurated as the president of the US. Britain’s impending exit from the European Union weighed on the currency. Federal Reserve board member Lael Brainard.
South Africa’s biggest private fixed-income money manager will stop lending money to six of the country’s largest state companies because it is concerned about how they are being run, government infighting and threats to the independence of the finance ministry. Britain’s vote to leave the European Union easing a little after recent better-than-expected data. Forex Trading Online can be very risky and currency trading does not suit all investors. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
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