Pound Recovers Ahead Of U.K. Services PMI
05 February 2018 - 3:26PM
RTTF2
UK CIPS/Markit services PMI is due at 4.30 am ET Monday. The
index is expected to drop to 54 in January from 54.2 a month
ago.
Ahead of the data, the pound recovered from early lows against
its major rivals. The pound was worth 1.4143 against the greenback,
155.35 against the yen, 1.3137 against the franc and 0.8816 against
the euro as of 4:25 am ET.
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