UK Breaks Recession With First Growth in Year and a Half

After six straight quarters of negative growth, Britain’s economy recorded a marginal growth of 0.1 percent in the 4th quarter of 2009. Despite the positive return, the actual result was less than expected and was seen by currency traders as a negative for the value of the pound.

BBC News

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.