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Pound hits 2-1/2-year low vs dollar



05 September 2008 @ 10:25 am BST


Pound sterling
Pound sterling shown in an undated file photo. IBTimes/Alan Channer
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With few major economic data and events due out during the European session on Friday, investors awaited U.S. payrolls figures due later in the day. Forecasts are for a loss of 75,000 jobs, and market participants say a weak reading may trigger dollar selling.

(Reporting by Naomi Tajitsu, editing by Swaha Pattanaik)

© 2010 Thomson Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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