The pound spikes vs. the dollar following news that the U.K. economy was not as bad as...
The pound spikes vs. the dollar following news that the U.K. economy was not as bad as previously thought in Q2 and may even have shown growth. Cable +0.3% to $1.6212. The euro's -0.2% to $1.2852, probably not helped by a report of a bailout for another Spanish region and more anti-austerity protests in Madrid.
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