British Pound Drags Other Currencies Lower Against USD

by gracecheng | December 5, 2006 at 06:26 am
608 views | 10 Recommendations | 2 comments

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The British Pound has been leading the downward drag in other currencies against the US dollar today after poor Nationwide consumer confidence and industrial production figures.
UK industrial production registered a shocking fall of 0.8% m/m vs a
rise of 0.1% m/m forecast. Cable (GBP/USD) made some heavy losses on
the data as it.......

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Actual News Geezer
Actual News Geezer
flagged this story as Good Stuff

at 07:49 on December 6th, 2006

At NowPublic, this is high praise from NowPublic editors! Your story is now on the home page for awhile, and everywhere else the “good stuff” box shows up. Many thanks for your great work.

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gracecheng

Thanks for this! I hope others enjoy this article as well, and that my future postings are good enough to earn this distinguished title!

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