Quantcast
Viewing all articles
Browse latest Browse all 12

Disappointing PMI reverses sterling rally

The pound enjoyed a brief rally in early trade yesterday (January 2nd) before being pushed into a retreat by uninspiring manufacturing data. Despite touching its highest exchange rate in more than two years in the first stages of the day, sterling dropped 0.72 per cent to trade at $1.6442 when factory data failed to impress. The Markit/CIPS Manufacturing Purchasing […]Image may be NSFW.
Clik here to view.

Viewing all articles
Browse latest Browse all 12

Trending Articles