News

Pound's Rally Short-Lived

August 02, 2013 at 8:58 AM

• Strong PMI data from UK initially boosts the pound
• BoE leave interest rates and QE on hold but pound strength wavers
• ECB leaves interest rates on hold as E/Zone PMI data supports euro
• Dollar continues rally vs majors as investors await Nonfarm payrolls data

Tags: Sterling Dollar