News Column

Pound Recovers Ahead Of UK Manufacturing PMI

August 1, 2014

BRUSSELS (Alliance News) - At 4:30 am ET Friday, Markit Economics and the Chartered Institute of Purchasing and Supply will release their manufacturing PMI report in July for the UK The index is expected to drop to 57.2 in July from 57.5 in June.

Ahead of the data, the Pound recovered against its major rivals.

As of 4:25 am ET, the Pound was trading at 0.7929 against the Euro, 1.6880 against the US dollar, 1.5346 against the Swiss franc and 173.78 against the Yen.

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Source: Alliance News

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