Day: September 3, 2018

Pound Falls on Weak UK Manufacturing Activity Amid Brexit Fears

The British pound today fell to new lows against the US dollar based on the uncertainty surrounding the Brexit negotiations as both the EU and the UK stick to their opposing positions. The GBP/USD currency also headed lower following the release of the latest UK manufacturing data, which revealed zero expansion in the sector. The GBP/USD currency pair today dropped from a high of 1.2934 in the Asian session to a low of 1.2854 in the mid-European session. The currency pair was negatively […]