UK Industrial Production Keeps Bears At Bay

G10 Advancers and Decliners vs USDGBP 0.48 JPY 0.46 CHF 0.26 EUR -0.80Risk aversion is weighing heavy on the financial markets once more as the EU loan plan is uncomfortably digested to a backdrop of journalistic skepticism, and only outstanding UK industrial production has managed to distract from the political deadlock which threatens to derail already fragile hopes for a workable coalition government. EURUSD has continued to drift lower to 1.2667 and the only… Read More …