GBP/USD pares losses after soft PMIs
UK manufacturing and services PMIs decelerate The British pound has edged lower on Wednesday. In the North American session, GBP/USD is trading at 1.2720, do
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UK manufacturing and services PMIs decelerate The British pound has edged lower on Wednesday. In the North American session, GBP/USD is trading at 1.2720, do
UK order expectations decline Manufacturing and services PMIs are expected to tick lower on Wednesday The British pound started the Tuesday session in pos
The British pound is down considerably on Friday after mostly soft numbers out of the UK. In the European session, GBP/USD is trading at 122.13, down 0.60%.
Hawkish comments from ECB President Christine Lagarde and weaker PMI data from the UK have helped push EUR/GBP back towards recent highs.
Europe heads mainly higher as data points to a roaring recovery Posted 4 hours agoSharePrint European bourses are moving broadly higher, extending strong gains from the previous session as optimism surrounding the economic outlook brightens. Covid cases on the old continent are declining, lockdown restrictions are easing, and economic data is strengthening. There’s a lot to like about Europe’s position at the moment. The region appears to be mounting a powerful rebound from its technical recession. Eurozone PMIs show growth PMI data from the Eurozone showed the region remained firmly in e...