The pound fell during the Asian market on Friday against a basket of currencies, extending its decline for the second consecutive day against the US dollar, under Mark Carney Governor of the Central Bank of Britain's remarks pressure that the economy will probably need further stimulus measures over the summer after the shock of separation from the European Union, and the British economy later in the day waiting for important data on the manufacturing sector during June, and the dollar index is trading within a limited range of transactions, and investors awaited several data on the manufacturing sector in the United States during June.
Sterling pound
The pound resumed a wave of losses against the US dollar, and ended trading yesterdaydown by 0.9 percent, the first loss in three days, after the the statements of Mark Carney Governor of the Bank of England, which he referred to take stimulus measures to counter the effects of the separation of the country of the European Union.
Carney said, "that he believed without prejudging the opinions of other members of the bank that the economic outlook is deteriorating and that there is a need for some monetary stimulus over summer months," added Carney, "The Monetary Policy Committee Bank will announce its initial evaluation in the next meeting in 4 of July.
Pound lost 8 percent against the US dollar throughout the trading month of June last, the biggest monthly loss since October 2008 after the debt crisis that hit the global financial markets.
GBP against the US dollar by at 07:40 GMT, trading at 1.3275 from an opening price of 1.3306 after recording the highest price of 1.3348, and the lowest of 1.3260.
The pound fell during the Asian market on Friday against the US dollar, extending losses for the second day in a row, near its lowest level in the 31year of $ 1.3119 recorded on Monday in the start of trading this week, with the expectation of important data about the British manufacturing sector to measure the extent of the Royal economy's recovery during the second quarter of this year.
By 08:30 GMT PMI industrial index will be released, and the expected level is 50.0 during June, the index recorded 50.1 in May.
U.S. dollar
The dollar yesterday rose 0.3 percent, resuming its gains after losing over two days, after the decline ofthe European currencies the euro and the pound sterling after comments about expanding stimulus measures to support the economy, which renewed concerns about the deepening differences of monetary policies between Europe and the United States, data showed yesterday the breadth of the industrial sector growth in Chicago during June by the highest pace since Jan. 2015.
The dollar index is trading by the time 07:41 GMT around the level of 95.92 points from the opening level of 95.95 points, and recorded the highest level of 96.16 points, and the lowest of 95.83 points.
The dollar index settled during the Asian market on Friday within a limited range of transactions, and investors later in the day awaiting important manufacturing sector data to measure the improvement in the world's largest economy during the second quarter.
The final reading of the PMI industrial index for June will be released, and expected the same level of the previous reading of 51.4 points, the ISM Manufacturing Index reading expected the level of 51.3 points in June to read the same month of May.