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Apr 04 - 08:55 AM

GBP/USD - Scales One-Week Peak Before US Jobless Claims Data

By Rob Howard  —  Apr 04 - 07:00 AM
  • Cable rises to 1.2668 before US jobless claims data at 1230 GMT; 214k f/c

  • 1.2668 is highest level since March 26 (1.2668 was also the high that day)

  • GBP/USD was sub-1.26 before Wednesday's ISM services index miss hurt dollar

  • UK March services PMI revised down to 53.1, from 53.4 flash estimate

  • Wage and price expectations cool in UK companies, BoE survey shows

  • Next UK government faces credit rating challenge, S&P says nL5N3GC4J5

Source:
Refinitiv IFR Research/Market Commentary

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