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Tag Archives: GDP

GBP/USD Plunges Following UK GDP Data

The Sterling Pound (GBP) is declining against the U.S. Dollar (USD) on Thursday, with the greenback fluctuating against major currencies but mostly maintaining the positive territory. Meanwhile, the British Pound has declined to its level in roughly two weeks after data showed that the United Kingdom’s economy grew faster than …

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Eurozone GDP Contracts In Q1

The eurozone economy shrank by 0.6% on a quarterly basis in the three months to March 2021, in line with expectations of -0.6%, a second estimate confirmed on Tuesday. On an annual basis, the bloc’s GDP decreased by 1.8% in Q1 versus -1.8% initiallyy in line with market expectations of …

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