Pound Eases Ahead Of U.K. PMI
05 August 2020 - 6:27AM
RTTF2
At 4:30 am ET Wednesday, IHS Markit is scheduled to issue UK's
final composite PMI survey results. According to flash estimate,
the composite index rose to a 61-month high of 57.1 in July from
47.7 in June.
Ahead of the data, the pound eased against its major rivals. The
pound was worth 1.3069 against the greenback, 138.24 against the
yen, 1.1923 against the franc and 0.9036 against the euro as of
4:25 am ET.
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