Meanwhile, the annual GDP rate fell by 0.2% in Q4 after -0.3% reported in Q3 and against the estimated 0% print. EUR/USD shows little to no reaction to the German data, trading 0.04% lower on the day ...
Sterling remained vulnerable even after efforts from the U.K. Treasury chief and the BOE to restore confidence in gilts, ING said, adding it expects the currency to fall to to $1.19 and the euro to ...