Thu, 01 Aug 2013 11:08:05 GMT
Pound rises against Euro on U.K. manufacturing data
The British Pound has appreciated for the first time in more than a week against the Euro after manufacturing in the U.K. rose more-than-expected. The Sterling rose 0.4% to 87.14 pence per Euro, while it dropped 0.1% to $1.5198 after dropping 0.5% earlier today. The factory output index increased from 52.9 to 54.6, while experts predicted a drop to 52.8.