Excerpt from: Forex Analysis
|
 |
| May 07, 2007 | | U.K. pound news looking good | Forex trading strategies involving the U.K. pound should consider that the news continues to look good for the sterling. Manufacturing demand is up across Britain, and this is likely to support the British economy, as well as the U.K. pound in currency trading. Forbes reports on manufacturing and the U.K. pound:
Peter Gutmann of Experian said: 'With expectations of strengthening
factory output and export demand over the coming months, the survey
presents a more encouraging picture of UK manufacturing than recent
official data. Manufacturers have faced up to a strong pound and an
improvement in business confidence reflects the more positive outlook
for 2007.' | Topic Tags: British economy, currency trading, forex trading, forex trading strategies, manufacturing demand Britain, U.K. pound, U.K. pound news | |
|
|
