Pound Mixed Ahead Of U.K. PMI Data
May 20 2020 - 11:26PM
RTTF2
At 4.30 am ET Thursday, IHS Markit/CIPS publishes UK flash
composite PMI data. Economists forecast the composite indicator to
rise to 25.0 in May from 13.8 in April.
Ahead of the data, the pound traded mixed against its major
counterparts. While it fell against the euro, it held steady
against the rest of major counterparts.
The pound was worth 1.2197 against the greenback, 131.41 against
the yen, 0.8989 against the euro and 1.1793 against the franc at
4:25 am ET.
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