Uk Gdp

Stories tagged “Uk Gdp.”

2 stories

Sterling today: Pound rises as UK growth beats forecasts, dollar retreats

The British pound strengthened against the dollar after the UK reported stronger-than-expected economic growth, while the euro also gained as the dollar retreated due to concerns over debt in the AI sector.

Pound dips as dollar bulls rebuild after CPI

Aug 13investing.com

Pound dips as dollar bulls rebuild after CPI

Sterling traded lower on Thursday as UK GDP growth slowed in the second quarter, while the euro edged higher, as the dollar found broad support from position rebuilding after this week’s in-line US inflation data failed to shift the Federal Reserve rate outlook.