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Wednesday, August 2, 2017

[FOREX NEWS] UK construction PMI misses with 51.9 – GBP retreats

Markit’s construction PMI for the UK for July was expected to show a small deceleration of growth: a score of 54.5 against 54.8 expected. This is the second out of three PMIs. GBP/USD was moving higher ahead of the publication. Were markets front-running a strong outcome? Yesterday’s manufacturing PMI slightly beat early expectations. The big event [...]

The post UK construction PMI misses with 51.9 – GBP retreats appeared first on Forex Crunch.



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