UK GDP shrinks more than expected in April-June 2024-www.financetom.com

Forex

UK GDP shrinks more than expected in April

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

UK GDP shrinks more than expected in April

Jun 12, 2025 3:23 AM

UK GDP growth shrank 0.3% in April, missing estimates of a 0.1% dip, anc compared to March's 0.2% growth rate.

Previous page： US Dollar (USD) in strong recovery Next page： GBP/USD falls back sharply

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

US Dollar (USD) in strong recovery

Mar 22, 2024

According to analysts at Lloyds Bank Research this suggests that this is more likely a technical aspect of New Year trading reversing some of the moves seen at the end of last year, rather than a fundamentally driven story. The USD index is approaching the mid-December highs, but this is...

GBP/USD falls back sharply

Mar 22, 2024

One of the reasons behind the decline was a slightly weaker than expected UK manufacturing PMI, but primarily reflecting a reversal of the moves seen over the Christmas/New Year period. While these moves were well supported by moves in UK yields, the rise in UK yields itself may be subject...

Pound dollar exchange rate (GBP/USD): Break of the resistance at 1.6474 is needed

Mar 22, 2024

The pound sterling to US dollar exchange rate (GBP/USD) is trading a quarter of a percent in the red at 1.6379 by late morning in London. Helping push GBP/USD lower today was a poor reading from the December Services PMI. (Note, the above are spot market quotes, your bank will...

British pound vs US dollar exchange rate (GBP/USD) faces test from FOMC Minutes

Mar 22, 2024

GBP/USD has traded a steady range over the last 24 hours as investors gear up for the FOMC Minutes tonight, central bank monetary policy announcements tomorrow and US employment data on Friday.In late morning in London we see the pound to US dollar exchange rate (GBP/USD) is trading 0.07 pct...