Julian Benson
on September 30th, 2022 Against the US dollar and the euro, sterling made new gains yesterday and regained the losses since last Friday. So far this morning, the pound has remained steady.
The GDP annual growth rate was 4.4% year-on-year up to the second quarter of 2022. This is higher than the expected 2.9% rise. The quarterly rise was 0.2%, which has surprised the markets.
Early this morning data on the UK’s current account deficit was released, it shrank to £33.8 billion, compared to the forecasted £50.3 billion.
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