Sterling and Euro Rise on PMI Data in Consolidating Markets

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<p>PMI data are the main drivers in the forex markets today, particularly lifting Sterling and, to some degree, Euro to higher positions. The bounce in Sterling is chiefly attributed to UK services sector bouncing back into expansion territory, a sign of economic resilience. Additionally, the severity of manufacturing recession in UK seems to be diminishing, [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/528725-sterling-and-euro-rise-on-pmi-data-in-consolidating-markets/">Sterling and Euro Rise on PMI Data in Consolidating Markets</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>