British and Chinese Currencies Weaken at Start of a New Week

Sterling fell 0.6% against the dollar overnight. British industrial production, down 1.2%, posted the largest monthly decline in seven months during November and was 1.6% lower than a year earlier. Factory output dropped 1.7% on month and 2.0% on year. November’s monthly measure of U.K. GDP showed a 0.3% decline and the smallest 12-month rate […]

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