Wed, 06 Aug 2014 13:39:16 GMT
Pound declines after disappointing data
The Pound fell after a three day increase as the UK's economic data proved to be very weak. Scotland's referendum debate, inflation and production data all contributed to the decline. The Pound Sterling lost 0.4% against the Dollar and the Cable traded at 1.6822. Also, the 10-year gilt yields fell to their lowest level in a year.