Jump to content
House Price Crash Forum
Sign in to follow this  

Pound Drops On Worst Manufacturing Figures Since August

Recommended Posts


The pound, meanwhile, edged lower after the UK equivalent of the
manufacturing PMI disappointed. The manufacturing sector purchasing managers'
index from the Chartered Institute of Purchasing and Supply fell to 50.8 in
March from a downwardly revised 51.5 in February.
The latest reading is the
lowest since August 2005.
"Coming on the heels of much better than expected manufacturing numbers from
Germany and France, this shortfall in March is particularly noteworthy and will
pile more downward pressure on the pound, which was already on the retreat ahead
of the release," said Daragh Maher at CALYON.

With more downward pressure on the pound coming from the EU its TTRTRates or see the pound tank and put up the price of imported fuel--oh oh. :o

Pound already down a cent against the US $ this morning!

Edited by Realistbear

Share this post

Link to post
Share on other sites

The chart looks interesting. You can draw an almost perfect line accross the peaks of the last year. Is there anyone here good at TA who can give us a prediction?

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.