UK GDP arrives at 0% MoM in July vs. 0.2% expected
Source Fxstreet
- UK GDP comes in at 0% MoM in July vs. 0.2% forecast.
- GBP/USD battles 1.3100 after the UK data.
The UK economy showed no growth over the month in July after stalling in June, the latest data published by the Office for National Statistics (ONS) showed on Wednesday. The market forecast was for a 0.2% growth in the reported period.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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The USD/JPY pair attracts some buyers during the Asian session on Monday and climbs back above the 153.00 mark following the disappointing release of Japan's Q4 GDP report.
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