GBPUSD has reached a fresh 5 ½ year low as weaker UK manufacturing and industrial production triggered a selloff in the Pound.
Back to the Top
The poor production reports were blamed on due to good weather being the reason for the fall in gas extraction. Industrial production missed estimates of 1.7% by a long way coming out at 0.9% and manufacturing output equaled -1.2% missing estimates of -0.8%.
Latest FX news by Richard Smith