Fx Primus Rebates

Pound Falls Further After U.K. Construction PMI

At 4.30 am ET Tuesday, UK Markit/CIPS construction PMI data has been released. After the data, the pound slipped further against its major counterparts. The pound was trading at 1.2981 against the greenback, 147.59 against the yen, 1.2765 against the franc and 0.8877 against the euro around 4:32 am ET. The material has been provided…

Fx Primus Rebates

Pound Drops Ahead Of U.K. Construction PMI

At 4.30 am ET Tuesday, UK Markit/CIPS construction PMI data is due. The indicator is forecast to remain unchanged at 52.9 in September. Ahead of the data, the pound slipped against its major counterparts. The pound was worth 1.2985 against the greenback, 147.73 against the yen, 1.2765 against the franc and 0.8879 against the euro…

Fx Primus Rebates

Euro Falls Against Majors

The euro drifted lower against its major opponents in early European deals on Tuesday. The euro fell to a new 6-week low of 1.1525 against the greenback, near 2-week low of 131.07 against the yen and a 4-day low of 1.1333 against the franc, from its early highs of 1.1580, 132.00 and 1.1394, respectively. The…

Fx Primus Rebates

Hungary July Trade Surplus Revised Lower

Hungary’s merchandise trade surplus for July was revised lower, latest data from the Hungarian Central Statistical Office showed Tuesday. The trade surplus figure for July was revised down to EUR 362 million from EUR 373 million reported on September 7. The volume of exports rose 11 percent and that of imports grew 9.4 percent from…

Fx Primus Rebates

UK Construction Growth At 6-month Low

UK construction growth was the weakest in six months in September, defying expectations for an improvement, as all three sub-sectors lost momentum. The CIPS UK construction purchasing managers’ index fell to 52.1 from 52.9 in August, survey data from IHS Markit showed on Tuesday. In contrast, economists had expected the index to rise to 53.1.…

Fx Primus Rebates

UK Construction Sector Growth Weakest In 6 Months

UK construction sector unexpectedly grew at the weakest pace in six months in September, as all three sub-sectors lost momentum, survey data from IHS Markit showed on Tuesday. The IHS Markit/CIPS UK construction purchasing managers’ index fell to 52.1 from 52.9 in August. In contrast, economists had expected the index to rise to 53.1. A…