Pound Falls on Disappointing UK Manufacturing and Services PMI
The UK Manufacturing and Services PMI data dropped below expectations, pushing the pound lower.
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By Katie Oliver
The UK Manufacturing and Services PMI data dropped below expectations, pushing the pound lower.
By Katie Oliver
The GBP/USD pair has weakened on Thursday morning, as cautious sentiment prevailed in the market ahead of Bank of England’s monetary policy meeting.
By Katie Oliver
GBP/USD recovered after taking a break during the UK holiday on Monday.
By Katie Oliver
Before the end of the week, the exchange rate between the pound and New Zealand dollar increased to its peak level since October.
By Katie Oliver
The pound strengthened after the release of strong UK inflation data on Wednesday morning 7am (UK time).
© Copyright Universal Partners FX 2023 | All Rights Reserved | Universal Partners FX Ltd, The South Quay Building, 77 Marsh Wall, Canary Wharf, London, E14 9SH, United Kingdom. Registered in England & Wales, number: 10674030. Universal Partners FX Ltd is authorised by the Financial Conduct Authority as an Authorised Payment Institution under the Payment Services Regulations 2017. Our FCA Firm Reference Number is 820037.
For clients based in the United Kingdom and rest of the world, payment services for Universal Partners FX Ltd are also provided by The Currency Cloud Limited. Registered in England and Wales No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street, London, E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199)