Cable falls on weak U.K. manufacturing data

Note: This section contains information in English only.
Source: Investing.com
The Sterling depreciated versus the Greenback on Wednesday, following the issue of the U.K. manufacturing and industrial output reports that forced the investors to rethink their assessments as to when the BoE is going to tighten policy. GBP/USD dropped 0.23% and was trading down at 1.6848. The manufacturing output in the U.K. rose by only 0.3% in June, below projected 0.6%.

 

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Thu, 07 Aug 2014 07:47:12 GMT

Yen climbs most in four months amid Ukraine concerns

The Yen grew the most in the last four months following the outburst in the relations between Russia and the Western nations over Ukraine, which stifled the attractiveness of riskier assets. The Yen jumped 0.5% to 102.10 per Dollar after appreciating as much as 0.8%, the highest level since April 8th. The Yen also gained 0.4% to 136.64 per Euro. 

Wed, 06 Aug 2014 13:50:10 GMT

Trade deficit decreases in the US

Unpredictably, the trade deficit in the US shrank to 41.54 billion from 44.66 previous month (the figure was revised from 44.4). According to analysts, the trade gap was expected to increase to 44.7 in June. This decrease was driven by higher exports (0.1%) and lower imports (-1.2%). After the release the Greenback rose to 1.3347 against the Euro.  

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