The dollar ended yesterday up against the pound, with investors seeming to head to the US despite worries over returning tensions with China and poor economic data.
Yesterday was a mixed bag for the UK, with 90% of CFOs telling a Deloitte survey that they were pessimistic about business uncertainty ahead.
Manufacturing in the Eurozone was shown to have further contracted over the last month; today, we will hear a number of speeches from key figures at the ECB and Bundesbank, and it will be interesting to see if they hint at further direction on the talks for an economic rescue package.
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