Euro (€) Currency Thread

inspector_monkfish

1.1605 trading 1min before Q2 GDP

inspector_monkfish

09:30 24Jul09 INSTANT VIEW 1-UK GDP shrinks much more than expected in Q2

LONDON, July 24 - Britain's economy shrank more
than twice as fast as expected in the second quarter to register
its biggest annual decline since comparable records began,
official data showed on Friday.

The figures are likely to quash hopes of a speedy recovery
and boost expectations that the Bank of England may add more
stimulus to the economy which has now shrunk by 5.7 percent
since the first quarter of last year.

inspector_monkfish

1.1590 trading

inspector_monkfish

1.1570 now
GDP figs were not good news for the Pound

inspector_monkfish

1.1535 trading

sheslookinhot

I think we all thought it would be higher by the time we got to July.

inspector_monkfish

1.1570 trading

inspector_monkfish

sheslookinhot wrote: »

I think we all thought it would be higher by the time we got to July.

well, it has been lower..

inspector_monkfish

I've set up a MoneySavingExpert Fantasy Football League

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Here is the link:
http://fantasyfootball.skysports.com...spx?p=2185


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- Here is where you type in the 'MoneySavingExpert' League Pin: 2822

Good Luck
IM

inspector_monkfish

1.1565 trading