Pound Advances Ahead Of U.K. Manufacturing PMI
22 Juli 2016 - 6:25AM
RTTF2
At 4:30 am ET Friday, Markit releases U.K. flash PMI data. The
factory PMI is forecast to fall to 48.7 in July from 52.1 in June.
Similarly, the services PMI is seen at 48.8 versus 52.3 a month
ago.
Ahead of the data, the pound climbed against its major
counterparts.
The pound was worth 0.8313 against the euro, 1.3275 against the
greenback, 140.88 against the yen and 1.3073 against the franc as
of 4:25 am ET.
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