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Forex Trading News: GBP Data Released Lower Than Forecast

Posted by Mr. Danish FX on Wed, 05/07/2008 - 4:35am in

Industrial Production out at -0.5% from the previous 0.3%.  This was forecast at -0.1%.

Manufacturing Production comes out at -0.5% from the previous 0.4%.  This was forecast at 0.0%.

The GBP took a hit across the board after this poor economic data.