OctaFX | OctaFX Forex Broker
Open trading account

UK's Sunak: Ready to ease short-term cash flow burden on businesses

The UK is ready to ease short-term cash flow burden on businesses that are impacted negatively by the coronavirus outbreak and will give the country's health service whatever funds it needs, British Finance Minister Rish Sunak told Sky News on Sunday.

"There will be no extension of the Brexit transition period," Sunak added. "I believe strongly in sound and responsible management of public finances. Coronavirus represents a short-term challenge."


The GBP/USD pair gained 250 pips last week and closed at 1.3050 boosted by the broad-based selling pressure surrounding the greenback throughout the week. 

Gold Price Analysis: Breaking above $1,692 critical for next coronavirus-correlated bullish run – Confluence Detector

The price of Gold closed the week at just under $1,674 in a turbulent week that saw a rush into the safe-haven asset. Coronavirus continues spreading
Read more Previous

Coronavirus update: Lowest daily increase in S. Korea in a week, Bulgaria confirms first four cases

The number of confirmed coronavirus infections in South Korea rose by 272 in the last 24 hours to mark the lowest daily increase in a week, the Korea
Read more Next
Start livechat