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Article: Pound Hits 13 Month Low On Weak UK Data, Strong US Numbers (Forex Video).
- Article from:
- Mena Report
- Article date:
- August 27, 2008
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Summary: US durable goods orders report tops a sparse economic docket tomorrow; but can it maintain volatlity and potential EURUSD and GBPUSD breakout momentum?
US durable goods orders report tops a sparse economic docket tomorrow; but can it maintain volatlity and potential EURUSD and GBPUSD breakout momentum? * Pound hits a 13-month low against the dollar as strong US data capitalizes on a weak UK mortages number. * Fading German growth alters rate expectations and sends the ...