Day: January 26, 2017

GBP Moves Lower vs. USD & CHF Despite Solid GDP

The Great Britain pound fell against the US dollar and the Swiss franc during the current trading session even though Britain’s economic growth was better than it had been anticipated by analysts. The preliminary report from the Office for National Statistics showed 0.6% growth for the last quarter of 2016, the same rate of growth as in the two previous quarters. The median forecast had promised a smaller increase by 0.5%. While the actual value was […]