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UK Economy Contracts in 4Q, BOE Mixed on More QE GBP/USD Ready to Top Off?

posted by Avatar portelo 121 days ago in USD, GBP made popular 121 days ago

By Nick Nasad The UK economy met expectations and contracted in the fourth quarter. The drop in quarterly terms of 0.2% was a bit more than expected by economists (-0.1%) and did cause the pound to weaken against the US dollar and euro subsequently ...
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