Pound erases gains after GDP data

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The British Pound erased against the U.S. Dollar as the data showed that country's GDP rose as much as experts predicted. The U.K. economy expanded 0.6% in Q2 after rising 0.3% in Q1. The Sterling was virtually unchanged at $1.5307 after the data was published, erasing gains of 0.5% earlier today. The currency climbed 0.1% to 86.14 pence per Euro after jumping 0.4% earlier.

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