Pound Rises Vs Most Majors Ahead Of U.K. Factory PMI
At 4.30 am ET Monday, UK CIPS/Markit final factory PMI and
mortgage approvals figures are due. The number of mortgages
approved in December is seen rising to 105,000 from 104,970 in the
Ahead of these data, the pound showed mixed trading against its
major rivals. While the pound held steady against the greenback, it
rose against the rest of major rivals.
The pound was worth 1.3738 against the greenback, 144.04 against
the yen, 1.2285 against the franc and 0.8815 against the euro as of
4:25 am ET.