Fri, 01 Aug 2014 12:32:14 GMT
Cable touches 6-week low on U.K. PMI miss
The
Sterling reached the lowest level in six weeks versus the U.S. Dollar
following the issue of the disappointing U.K. PMI figures as
investors remained prudent ahead of expected U.S. jobs report.
GBP/USD reached 1.6840 in the morning, consolidating at 1.6850. The
Manufacturing Purchasing Managers' index dropped to 55.4% last month.