fxpulsation
Posts : 8759
Join date : 2012-01-25
 |  Subject: GBP/USD - Steady As UK Manufacturing PMI Dips  Fri Jan 03, 2014 9:12 am | |
|  GBP/USD - Steady As UK Manufacturing PMI Dips It's been a holiday full of cheer and good tidings for the British pound, which has jumped over two cents against the dollar since Christmas Day. In Thursday's European session, GBP/USD is trading in the mid-1.65 range. Taking a look at economic releases, UK Manufacturing PMI dropped in November and fell short of the estimate. In the US, there are two key events on today's schedule - Unemployment Claims and ISM Manufacturing PMI. British Manufacturing PMI dropped to 57.3 points in November, down from 58.4 in the previous release. The markets had expected a slightly better result, with the estimate standing at 58.3 points. | |
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