Currency market volatility
Please see below International FX’s market report. Its of particular interest due to the US debt ceiling negotiations (or lack of) and the uncertainty this is causing in Forex markets. Data on Wednesday showed UK industrial order expectations had fallen more than expected in July. In a report by the Confederation of British Industry, industrial order expectations declined to – 10.0 in July, compared to a 1.0 reading back in June. Analysts had expected a decline in July to –