Pound Rises Ahead Of U.K. PMI Data
October 04 2021 - 11:31PM
RTTF2
The UK Markit/CIPS final composite PMI survey results are due at
4:30 am ET Tuesday. Economists expect the services index to ease to
54.6 in September, as initially estimated, from 55.0 in August.
Ahead of the data, the pound advanced against its major
rivals.
The pound was worth 1.3614 against the greenback, 151.29 against
the yen, 1.2612 against the franc and 0.8522 against the euro as of
4:25 am ET.
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