Pound Falls Vs Most Majors Ahead Of U.K. Factory PMI
February 28 2018 - 11:27PM
RTTF2
At 4:30 am ET Thursday, U.K. mortgage approvals and CIPS/Markit
factory PMI are due. The PMI is forecast to drop to 55 in February
from 55.3 in January.
Ahead of these data, the pound traded mixed against its major
rivals. While the currency fell against the greenback, yen and the
franc, it rose against the euro.
The pound was worth 146.69 against the yen, 0.8867 against the
euro, 1.3744 against the greenback and 1.2997 against the franc as
of 4:25 am ET.
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