OctaFX | OctaFX Forex Broker
Open trading account
Back

GBP: Services PMI to post third monthly decline - TDS

FXStreet (Delhi) – Annette Beacher, Chief Asia-Pac Macro Strategist at TD Securities, expects a third monthly decline in the UK services PMI in September, with a reading of 54.8 expected (vs market consensus of 56.3).

Key Quotes

“Even with another fall, the PMI Services remains in significant expansion territory, and this gradual decline in the level simply reinforces our view that UK growth will remain healthy—but slightly slower—in the second half of the year.”

EUR/CHF shoots to highs near 1.0920

The Swiss franc is trading on the defensive at the beginning of the week, now helping EUR/CHF to test highs around 1.0915/20...
Read more Previous

EUR/USD struggles around 1.1240, European stocks rise

The EUR/USD pair is struggling to rise over and above 1.1240 levels with major European stock futures pointing to a solid start to the week.
Read more Next
Start livechat