OctaFX | OctaFX Forex Broker
Open trading account

French PM Valls visiting UK to defend pro-business policy

FXStreet (Łódź) - During the meeting with counterpart David Cameron at the London City on Monday French PM Manuel Valls complained that the British press frequently depicted French economic policy in a negative light and suggested that both countries faced similar challenges.

Valls assured that boosting economic growth and restoring competitiveness was one of the key objectives for the French government, which was prepared to implement the necessary reforms.

He suggested that France's current problems stemmed from a large number of taxes as well as from people leaving beyond their means for a long time. Shops and museum should be opened seven days a week, he stated.

Furthermore, Valls said he was happy that Scotland remained part of the UK and expressed hope UK would remain part of the EU.

USD/CAD falls to 1.1215

The loonie is rising against the US dollar on Monday, after posting on Friday the lowest close since July 2009.
Read more Previous

EUR/USD extends recovery from 1.2500

EUR/USD has extended its recovery from the 1.2500 area to fresh daily highs beyond 1.2560 as US dollar retreats across the board following Friday’s NFP induced rally.
Read more Next
Start livechat