GBPUSD Sinks as Buyers Unimpressed by UK GDP

Key Highlights British Pound continued to weaken against the US Dollar, and traded lower towards 1.5300. In the UK, the Gross Domestic Product released by the National Statistics posted an increase of 2.4% in the first quarter of 2015, compared to the same quarter of 2014. In terms of the quarterly change, the UK GBP grew by 0.3%, lower compared with the forecast of 0.4...
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Solid New Zealand GDP Increasing 0.8% Pushes NZDUSD Higher

Key Highlights US dollar weakened a lot overnight as the fed stayed away from aggressive stance for hiking rates. In the New Zealand, the Gross Domestic Product was released by the Statistics New Zealand posted an increase of 0.8% in the fourth quarter of 2014. NZDUSD breached a major resistance of 0.7440, which might now act as a support. New Zealand GDP Earlier ...
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