Thu, Mar 18 2010, 11:12 GMT
by
FXMarketAlerts Team
- FXMarketAlerts
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Published at 11:06 (GMT) 18 Mar
UK CBI Distributive Trends Index for Mar showed Manufacturing order book balance of -37 compared to the -36 in Feb and undershooting the -32-34 level anticipated in the market. While the data is disappointing, FX traders are looking the other way which has left GBP little changed, but vulnerable to drifting lower in reaction to the data. M.B.
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