The English pound slumped to its third-straight trading session of losses on Monday against the shared currency of the European Union, tugged down by economic data slipping against predictions, according to Bloomberg.
The pound dipped against all but two of its 16 major rivals after Citigroup released its U.K. economic surprises index, which dropped to its lowest rate in three weeks at the end of last week. Regional factory production in November was moderately changed.
The pound's advance against the greenback during the past 180-period has risen to 7.4 percent, emerging as the top-performing of 10 developed-nation monetary units followed by the news source.
The pound dropped 0.2 percent against the 17-nation monetary unit on Monday after having touched its top value in roughly one year.
An independent Scotland would retain use of the pound, remain loyal to the monarchy and hold on to its membership with the European Union, First Minister of Scotland Alex Salmond said on Monday, according to Reuters. Scotland would move forward with the creation of its own defense corps while also collecting its own tax revenue, the official said.
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