Pound Extends Losses Despite Upbeat Manufacturing, Trade Data

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 6, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The pound extended its losses versus the U.S. dollar on Friday despite the release of upbeat U.K. manufacturing data, as investors damped the sterling after dovish comments from the Bank of England. A report from the U.K. released on Friday showed that manufacturing production for the month of September soared[​IMG]

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