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Forex News: Pound Steady Ahead Of U.K. Factory PMI

Pound Steady Ahead Of U.K. Factory PMI

12/01/2020 - 04:28:00 (RTTNews)

(RTTNews) - At 4.30 am ET Tuesday, UK IHS Markit/CIPS factory PMI is due. Economists expect the final PMI reading to match the flash score of 55.2.

Ahead of the data, the pound held steady against its major rivals. The pound was worth 1.3384 against the greenback, 139.49 against the yen, 1.2125 against the franc and 0.8952 against the euro as of 4:25 am ET.

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