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Forex News: Pound Advances Ahead Of U.K. Composite PMI Data

Pound Advances Ahead Of U.K. Composite PMI Data

11/23/2020 - 04:28:00 (RTTNews)

(RTTNews) - UK CIPS/Markit composite PMI data is due at 4.30 am ET Monday. Economists expect the composite index to decline to 42.5 in November from 52.1 a month ago.

Ahead of the data, the pound climbed against its major rivals. The pound was worth 1.3364 against the greenback, 138.66 against the yen, 1.2168 against the franc and 0.8882 against the euro as of 4:25 am ET.

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