Weak data drags GBPUSD to one-month low, adding risk of more QE

October 10, 2012 at 9:25 AM

• Sterling breaks below 1.60 vs USD, vulnerable to more falls.
• Euro declines for third day before Industrial Production figures.
• Dollar gains against majors ahead of Beige Book.
• Aussie dollar halted a two-day gain results from weak labour data.

Tags: Sterling Euro Aussie dollar USD