UK YoY GDP growth slows to 0.2%
In April, the UK's year-on-year GDP growth declined to 0.2%, and the monthly Manufacturing Production readings exceeded Mitrade's estimates increasing by 0.7%. GBP/USD then dropped 60 pips to 1.2448.
EUR/USD retreated 60 pips to 1.0857, and AUD/USD slipped 55 pips to 0.6646. USD/CAD gained 60 pips to 1.3548, and USD/JPY surged 120 pips to 135.71.
Spot gold closed $5 lower at $2,010.88 an ounce, and WTI oil futures slid $0.80 to $70.04 a barrel. Bitcoin and Ethereum are trading lower at $27,158.0 and $1,819.21 respectively.
The Dow Jones Industrial Average moved down 8 points to 33,300. The S&P 500 fell 6 points to 4,124, and the Nasdaq 100 decreased 49 points to 13,340.
EUR/USD retreated 60 pips to 1.0857, and AUD/USD slipped 55 pips to 0.6646. USD/CAD gained 60 pips to 1.3548, and USD/JPY surged 120 pips to 135.71.
Spot gold closed $5 lower at $2,010.88 an ounce, and WTI oil futures slid $0.80 to $70.04 a barrel. Bitcoin and Ethereum are trading lower at $27,158.0 and $1,819.21 respectively.
The Dow Jones Industrial Average moved down 8 points to 33,300. The S&P 500 fell 6 points to 4,124, and the Nasdaq 100 decreased 49 points to 13,340.
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