US Session – Dollar slips versus yen, sterling remains in focus
Posted on March 12, 2013 at 7:58 pm GMTThe dollar was mixed today, bouncing between small gains and losses against most majors, as dollar strength from Friday’s strong US jobs report is now losing momentum. The dominant theme of the day was sterling and its tumble after weak UK manufacturing and industrial production data raised speculation of more policy easing by the Bank of England. Industrial production fell by 1.2 percent in January, while manufacturing output slipped 1.5 percent, despite forecasts for both measures were a 0.1 percent [..]