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Forex News: Pound Climbs Ahead Of U.K. Services PMI

Pound Climbs Ahead Of U.K. Services PMI

05/03/2018 - 04:26:00 (RTTNews)

(RTTNews) - At 4:30 am ET Thursday, UK Markit/CIPS services Purchasing Managers' Index is due for April. The index is forecast to rise to 53.5 in April from 51.7 in March.

Ahead of the data, the pound strengthened against its major rivals.

The pound was worth 149.39 against the yen, 1.3568 against the franc, 0.8809 against the euro and 1.3623 against the greenback as of 4:25 am ET.

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