Sterling falls as manufacturing production comes out worse than expected
The GBP/USD is currently trading at $1.4960 as of 20:32pm, GMT, with a bearish trend
Sterling falls as manufacturing production comes out worse than expected
The GBP/USD is currently trading at $1.4960 as of 20:32pm, GMT, with a bearish trend
Sterling falls as manufacturing production comes out worse than expected
The GBP/USD is currently trading at $1.4960 as of 20:32pm, GMT, with a bearish trend
Euro Rallies as Growth Prospects Improve, British Pound Extends Rebound
The Euro extended the advance from the previous day and rallied to a fresh weekly high of 1.3795 during the overnight trade as the economic docket reinforce an improved outlook for the region. Meanwhile, EU President Jean-Claude Juncker acknowledged that the Euro-Zone needs new instruments to avert future crises, but argued that creating a European Monetary Fund would not solve the debt issues with Greece and that it would be “meant for more broad-based crises.”
Euro Rallies as Growth Prospects Improve, British Pound Extends Rebound
The Euro extended the advance from the previous day and rallied to a fresh weekly high of 1.3795 during the overnight trade as the economic docket reinforce an improved outlook for the region. Meanwhile, EU President Jean-Claude Juncker acknowledged that the Euro-Zone needs new instruments to avert future crises, but argued that creating a European Monetary Fund would not solve the debt issues with Greece and that it would be “meant for more broad-based crises.”
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