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UK: GDP grows 0.7% in Q4, as expected

FXStreet (Łódź) - On a quarterly basis UK GDP increased 0.7% in Q4, following the 0.8% rise registered the previous quarter, according to data released today by National Statistics. This result is in line with market consensus.

Year-over-year GDP grew 2.7% in Q4, up from +1.9% in Q3, as expected.

USD/CHF has finally did it!

USD/CHF broke above 0.8870, reached 0.8898 high, and retraced back to 0.8880 area at the moment.
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GBP/USD muted after UK data

The sterling kept the composure after the UK GDP data, with the GBP/USD hovering over 1.6620/15...
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