GBP jumps on UK PMIs

Note: This section contains information in English only.
Source: Dukascopy Bank SA


At 08:30 GMT, the GBP jumped against peer currencies. The GBP/USD surged 30 base points or 0.22%.

The move occurred due to the better than forecast United Kingdom Purchasing Managers Indices. The Markit Institute released survey results of services and manufacturing sector managers showed that the industry is more optimistic than previously assumed.

Namely, the UK Flash Manufacturing PMI came in at 57.7 instead of 56.1, and the Flash Services PMI was revealed to be 58.0 instead of 54.5.
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