Pound Drops Ahead Of U.K. PMI Data
November 22 2021 - 11:28PM
RTTF2
UK Markit/CIPS composite Purchasing Managers' survey results are
due at 4:30 am ET Tuesday. The composite PMI is forecast to fall to
57.5 from 57.8 in October.
Ahead of the data, the pound fell against its major rivals. The
pound was worth 153.55 against the yen, 1.2468 against the franc,
1.3384 against the greenback and 0.8416 against the euro as of 4:25
am ET.
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