Pound Drops Vs Most Majors Ahead Of U.K. PMI Data
September 03 2021 - 12:29AM
RTTF2
At 4.30 am ET Friday, UK IHS Markit/CIPS final PMI data is due.
Economists expect the services PMI to match the flash score of 55.5
in August.
Ahead of the data, the pound traded mixed against its major
rivals. While it held steady against the yen, it fell against the
rest of major rivals.
The pound was worth 1.3833 against the greenback, 152.13 against
the yen, 1.2638 against the franc and 0.8587 against the euro as of
4:25 am ET.
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