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Forex News / Pound Sunk By Biggest GDP Contraction Since 1958, After Reaching Highest Level Since October |
30.06.2009Pound Sunk By Biggest GDP Contraction Since 1958, After Reaching Highest Level Since OctoberForex News /The beat would set down a new annually high of 1.6746 before the ending reading of 1Q GDP showed the lowest trimonthly development since 1958 of -2.4% down from -1.9%. The steeper than expected contraction dragged the annualized reading to -4.9% versus expectations of -4.3%. Forex News | Forex Market News | FX Center |
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