Cable lower versus the greenback on debt crisis concerns

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Source: Forexpros

On Monday, the British Pound was traded lower versus the U.S. Dollar, amid renewed concerns over Spanish debt crisis. GBP/USD hit a lowest since Thursday, which was 1.6189, and consolidated at 1.6195, which was a decrease of 0.19% for the European morning trading session. The pair's support was likely to be at 1.6142, while the resistance was prone to be at the level of 1.6249.

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Mon, 24 Sep 2012 15:01:21 GMT

U.S. stock futures decline on growth concerns

U.S. stock futures slid on Monday as global growth concerns weighing on confidence, turning commodities down and the greenback up. Dow Jones futures dropped 35 points to 13,465, while those  for the S&P 500 slipped 4.1 points to 1,447.80. Nasdaq 100 Index futures fell 5.75 points to 2,846.74. The Dollar Index climbed to 79.715 from 79.323.

Mon, 24 Sep 2012 14:39:20 GMT

Austria industrial output surges in July

Austria's industrial output climbed working-day adjusted 1.1% on year in July, Statistics Austria showed on Monday. Meanwhile, construction output posted a 5.4% year-on-year increase. The total production index rose 2% annually, while on monthly basis it slipped 0.1%, with a 0.7% fall in industrial production and 3.8% gain in construction.

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