U.K manufacturing production at 0.2%

Thursday, 12 May 2011 02:44

U.K Factory Production m/m release for March was weaker than expected as the manufacturing production figures rose by a small 0.2% from 0.0%, rather than rising to 0.3% as forcasted.  GBP/USD fell earier in the day to the 1.6280 line, and even further down dater the news to trade at lower than 1.6280; to 1.6260.