GBP v USD: US ISM index buoys exchange rate despite 16-month low for UK services PMI



SOME worse-than-expected data from the UK service sector PMI has failed to push the GBP/USD exchange rate below opening levels of $1.412 today. The index from IHS Markit was expected to inch higher from 54.2 to 54.3, but instead dropped to 53; its worst level since September 2016.

Source: Daily Express :: Finance Feed http://ift.tt/2GP5ok3

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