News

Weak Economic Data in UK Drags Down Sterling

March 23, 2012 at 10:14 AM

• Sterling falters after weaker than expected UK economic data released
• Dollar finds support after weaker Chinese and eurozone data posted
• Global stock markets fall as Chinese PMI data see's risk aversion return
• New Zealand & Australian dollar fall as risk aversion takes firm hold
• Oil trades at $105.69 per barrel

Tags: Sterling Euro Dollar