Reuters: US Dollar Report: Trade-weighted sterling falls to 2-1/2 month low

Changes are afoot at Blogtrottr! By popular request, we're bringing in paid plans with some cool new features (and more on the way). You can read all about it in our blog post.

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Trade-weighted sterling falls to 2-1/2 month low Jul 5th 2013, 13:10 LONDON, July 5 | Fri Jul 5, 2013 9:10am EDT LONDON, July 5 (Reuters) - Sterling's trade-weighted index fell to its lowest in nearly two and half months on Friday, dragged down by losses against the dollar which rose broadly after better-than-expected U.S. employment data. The Bank of England's index, which measures the pound's value against a basket of currencies fell to 79.7, a level last seen on April 22. The pound lost around 1.3 percent against the dollar , to hit a near four month low of $1.4855. The euro was up 0.5 percent against sterling at 86.00 pence. Sterling was under pressure after the Bank of England on Thursday guided lower expectations of future interest rate hikes.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions