United Kingdom Total Trade Balance: £-3.27B (August) vs £-3.37B

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Oct 9, 2015

UK trade deficit widened in August

The data released by the UK Office for National Statistics (ONS) on Friday showed the UK suffered larger-than-expected trade deficit in August, while construction output fell at its fastest pace since 2002.

GBP/USD deflates to lows post-UK data

The pound is now losing its grip vs. the dollar, sending GBP/USD to session lows in the 1.5350/45 band...