Pound Sterling recovered on upbeat UK economic
data
February 2, 2015
February 2, 2015
The British Pound recovered slightly during today trading sessions, to recover its losses against the US dollar, supported by data showed that the UK manufacturing PMI rose higher than expectations to record 53.0 in the month of January, which was also higher than the previous reading 52.5 for the month of December , In contrast the expectations indicated an increase to 52.6. However the investors remained cautious amid growing concerns about Greece crisis.
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