U.K Service PMI stronger

Wednesday, 3 August 2011 12:20

United Kingdom's services PMI was released at 55.4 in July, up from June's 53.9 in June; increasing the most in four months.  As the most important sector in Britain, its strongest growth in four months pushes the British Pound up against the U.S Dollar.

The pair is currently trading at 1.6389, a little lower than its session high of 1.6395.