Tag: Sterling

Pound Sterling moves as UK GDP misses out on quotes, factory activity agreements The Pound Sterling deals with offering pressure in Thursday's North American session after the release of the United Kingdom's (UK) regular monthly Gross Domestic Product (GDP) and factory information for November. The Office for National Statistics (ONS) reported that the economy went back to development after contracting in October. The development rate was slower than forecasted. The economy increased by 0.1% after decreasing at a comparable speed in October. Economic experts anticipated the economy to have actually broadened by 0.2%. Find out more ... GBP/USD edges lower to near 1.2200 as UK Gilt yields drop GBP/USD edges lower after 2 days of gains, trading around 1.2220 throughout the Asian ho...