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U.K. Current Account

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U.K. Current Account

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Status

 
Latest Release
Sep 30, 2024
Actual
-28.4B
Forecast
-32.5B
Previous
-13.8B
The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must buy the domestic currency to pay for the nation's exports the data can have a sizable affect on the GBP.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
Importance:
Country:
Currency: GBP
Source: Office for National Statistics
U.K. Current Account
 
Release Date Time Actual Forecast Previous
Sep 30, 2024 (Q2) 01:00 -28.4B -32.5B -13.8B
Jun 28, 2024 (Q1) 01:00 -21.0B -17.7B -21.2B
Mar 28, 2024 (Q4) 02:00 -21.2B -21.3B -18.5B
Dec 22, 2023 (Q3) 02:00 -17.2B -13.1B -24.0B
Sep 29, 2023 (Q2) 01:00 -25.3B -15.0B -15.2B
Jun 30, 2023 (Q1) 01:00 -10.8B -8.5B -2.5B

News

Forex - Pound Rallies as UK Growth Revised Higher
Forex - Pound Rallies as UK Growth Revised Higher By Investing.com - Jun 29, 2018 1

Investing.com - Sterling rallied on Friday morning following the release of better than forecast growth figures for the first quarter, increasing chances of a rate hike in August. At 6:34AM ET...

Analysis

Marc Chandler
U.S. Dollar Firm Into Quarter-End By Marc Chandler - Jun 30, 2021 1

The greenback was finishing the quarter on firm footing, gaining against most of the major currencies today. The euro was straddling the $1.1900 area, having begun the month above $1.22. Sterling...

Current Account Discussion

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