Forex Trading News - UK PMI Manufacturing
Written July 1, 2008 at 4:46 AM EST by Greg Michalowski
UK PMI Manufacturing came in significantly lower at 45.8 versus the 49.8 survey. There was also a revision back for the prior month from 50 to 49.5, the revision and the new print for June are significant below the 50 mark, as they represent contraction in the manufacturing sector. The cable subsequently sold and is trading 30 pips off the highs reached before the number.
Categories: Forex News |
Loading ...
No Responses to “Forex Trading News - UK PMI Manufacturing”
Add a comment