Improving cyclical UK momentum poses risk to record long EUR/GBP – MUFG
Summary
By sueyangfx.com August 24, 2020 at 06:09PM A look at EUR/GBP MUFG Research “. The UK is still benefitting from the lagged re-opening of the economy which trailed other major European economies. While the euro-zone PMIs fell back sharply in […]
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August 24, 2020 at 06:09PM
A look at EUR/GBP
MUFG Research
“. The UK is still benefitting from the lagged re-opening of the economy which trailed other major European economies.
While the euro-zone PMIs fell back sharply in August, the UK PMI
continued to improve. The composite PMI rose by a further 3.3 point to
60.3 in August. ,” MUFG notes.