others
UK Preliminary Services PMI dips to 52.8 in September vs. 53.5 expected – Crypto News
- UK Services PMI ticks down to 52.8 in September, beats estimates.
- Manufacturing PMI in the UK declines to 51.5 in September.
- GBP/USD sticks to losses near 1.3250 after downbeat UK business PMIs.
The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) eased from 52.5 in August to 51.5 in September. The market forecast was for a 52.3 reading.
Meanwhile, the Preliminary UK Services Business Activity Index dipped to 52.8 in September, after registering 53.7 in August while coming in below the market consensus of 53.5.
Commenting on the flash PMI data, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence said: “A slight cooling of output growth across manufacturing and services in September should not be seen as too concerning, as the survey data are still consistent with the economy growing at a rate approaching 0.3% in the third quarter, which is in line with the Bank of England’s forecast.”
FX implications
GBP/USD maintained the offered tone near 1.3250 after the dismal UK PMI data. The pair is trading 0.45% lower on the day, as of writing.
British Pound 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 Japanese Yen.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.64% | 0.46% | -0.27% | 0.10% | 0.03% | 0.05% | 0.15% | |
| EUR | -0.64% | -0.23% | -0.88% | -0.52% | -0.67% | -0.57% | -0.48% | |
| GBP | -0.46% | 0.23% | -0.59% | -0.29% | -0.44% | -0.34% | -0.27% | |
| JPY | 0.27% | 0.88% | 0.59% | 0.37% | 0.21% | 0.33% | 0.30% | |
| CAD | -0.10% | 0.52% | 0.29% | -0.37% | -0.02% | -0.07% | 0.03% | |
| AUD | -0.03% | 0.67% | 0.44% | -0.21% | 0.02% | 0.11% | 0.21% | |
| NZD | -0.05% | 0.57% | 0.34% | -0.33% | 0.07% | -0.11% | 0.08% | |
| CHF | -0.15% | 0.48% | 0.27% | -0.30% | -0.03% | -0.21% | -0.08% |
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).
-
Blockchain1 week agoUS Sanctions Iran-Linked HormuzSafe, Cites Bitcoin Payments – Crypto News
-
De-fi1 week agoBitcoin Slips Below $64K After Warsh Says “No Soft Inflation Target” – Crypto News
-
Cryptocurrency1 week agoThree key demand drivers stall at once, leaving Bitcoin’s $64,000 support to long-term holders – Crypto News
-
Cryptocurrency1 week agoTwenty One Capital’s new CEO warns the Bitcoin treasury playbook is dying – Crypto News
-
Blockchain1 week agoElliptic Report Shows How Bitcoin ATM Scams Move From Cash To On-Chain Wallets – Crypto News
-
Technology1 week agoAI to strengthen enterprise software firms, not replace them: Goldman Sachs – Crypto News
-
Technology1 week ago
Breaking: Ripple-Backed XRP Treasury Evernorth Files S-4, Finalizes Executive Agreements – Crypto News
-
others1 week ago
Pi Network Price Prediction as PI Outperforms Bitcoin Ahead of Ninth Protocol Upgrade – Crypto News
-
Blockchain1 week agozerohash Launches Agentic Finance Tools for Platforms – Crypto News
-
Cryptocurrency1 week agoForget ETF flows, Bitcoin’s real threat is a hidden $39,900 liquidation wall – Crypto News
-
De-fi1 week agoSEC warning over crypto yield vaults puts DeFi’s secret human controllers in the crosshairs – Crypto News
-
Technology1 week ago
AI to strengthen enterprise software firms, not replace them: Goldman Sachs – Crypto News
-
others1 week ago
Breaking: Senator Tillis Pushes to Send Clarity Act Ethics Package to White House by Friday – Crypto News
-
Cryptocurrency4 days agoWashington gave crypto every legal win it begged for then lost the market anyway – Crypto News
-
Business1 week ago
US Senators Give Apple Aug 21 Deadline to Dump Blacklisted Chinese Chipmakers CXMT & YMTC – Crypto News