United States Redbook index (MoM) up to -1.4% in July 3 from previous -1.5%

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Jul 7, 2015

GBP/USD free-fall continues; now testing June 11 low of 1.5420

The British Pound is trading south against the US Dollar today as the Sterling is suffering the Euro’s drop below 1.1000. The GBP/USD is also under pressure following the weak UK manufacturing data.

United States Redbook index (MoM) up to -1.4% in July 3 from previous -1.5%

GBP/USD free-fall continues; now testing June 11 low of 1.5420

United States Redbook index (YoY): 2% (July 3) vs 1.7%