UK: PMI Services expands at a quicker pace in May

FXstreet.com (Barcelona) - UK PMI Services grew to 54.9 points in May, from 52.9 points in April, Markit Economics informed on Wednesday. This result is more positive than the expected rise to 53 points.

Jun 5, 2013

Flash: Services PMIs in focus - BTMU

Lee Hardman, FX Analyst at the Bank of Tokyo Mitsubishi UFJ notes that the main economic data releases this morning are the final May Eurozone and UK service PMI surveys which are expected to be unchanged.

GBP/USD notching fresh session highs at 1.5363/71

The GBP/USD sailed higher to establish fresh intraday highs during European trading, helped in part by the recent release of upbeat economic data out of the UK.