The post UK Preliminary Services PMI improves to 51.1 in October vs. 51 expected appeared on BitcoinEthereumNews.com.
The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) rose to 49.6 in October from 46.2 in September. The data beat the expected 46.6 figure in the reported period. Meanwhile, the Preliminary UK Services Business Activity Index accelerated to 51.1 in October versus September’s 50.8 while outpacing the market forecast of 51. Market reaction The Pound Sterling remains uninspired by the UK PMI data, as GBP/USD loses 0.05% on the day to 1.3315, as of writing. Pound Sterling Price Today The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the weakest against the US Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.08% 0.08% 0.28% 0.20% 0.28% 0.16% 0.10% EUR -0.08% 0.00% 0.21% 0.14% 0.21% 0.09% 0.02% GBP -0.08% 0.00% 0.20% 0.13% 0.21% 0.08% 0.03% JPY -0.28% -0.21% -0.20% -0.06% 0.01% -0.12% -0.18% CAD -0.20% -0.14% -0.13% 0.06% 0.07% -0.06% -0.12% AUD -0.28% -0.21% -0.21% -0.01% -0.07% -0.12% -0.20% NZD -0.16% -0.09% -0.08% 0.12% 0.06% 0.12% -0.06% CHF -0.10% -0.02% -0.03% 0.18% 0.12% 0.20% 0.06% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote). Source: https://www.fxstreet.com/news/uk-preliminary-services-pmi-improves-to-511-in-october-vs-51-expected-202510240832