Pound weakens on negative manufacturing data

Note: This section contains information in English only.
Source: Bloomberg
The pound depreciated against the Euro, halting its advance throughout the last two days, as data showed U.K. manufacturing was close to its 10-month low this month. The currency slid against the greenback to $ 1.5954, down from its two-week high of $1.5978. Sterling slipped 0.4% to 80.72 pence per Euro after yesterday's surge to 80.06 pence.
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Thu, 22 Nov 2012 16:08:08 GMT

French PMI expands in November

The French Flash Manufacturing PMI inched higher than expected in November, indicating the nation's manufacturing sector improved. The Markit Economics data showed the index rallied from 43.7 in October to 44.7 this month. Meanwhile, the purchasing managers' activity in the services sector increased to the highest level in three months of 46.1 in November, surging from last month's 44.6."Although the

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