Feedback Form
44 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

GBP Slides vs Other Yielders Despite Better Second-Tier Data

posted by Avatar FXTimes 666 days ago in GBP, Housing, Manufacturing made popular 666 days ago

In the UK, we saw fundamental data come in a bit better than expected, which helped the GBP to rally against the USD, but it fell back against the EUR, AUD, NZD, and JPY, showing that while it was better than the laggard USD, the GBP was shedding part of its strong gains from last week – gains that may have been overdone due to M&A flows.
Log in to comment or register here.