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Forex News: Pound Strengthens Ahead Of U.K. PMI Data

Pound Strengthens Ahead Of U.K. PMI Data

12/16/2021 - 04:29:00 (RTTNews)

(RTTNews) - At 4.30 am ET Thursday, UK Markit/CIPS flash composite PMI survey results are due. Economists expect the index to fall to 56.4 in December from 57.6 in November.

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

The pound was worth 1.3294 against the greenback, 151.70 against the yen, 1.2263 against the franc and 0.8510 against the euro as of 4:25 am ET.

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