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The British Pound advanced against a basket of world currencies on Wednesday, extending its rise for the second day in a row against the US dollar, hitting a one-week high, supported by comments from one member. of the Bank of England and taking advantage of the fall of US currencies. The Royal Economy Later today, important data on the service sector are one of the main sectors of the economy, indicating the resumption of the royal economy during the second quarter of this year.
The pound sterling is appreciated 0.2% up to 07.15 GMT, trading at $ 1.3215, the opening price of $ 1.3192 and the highest at $ 1.3228 and the lowest at $ 1.3187.
The pound closed yesterday up 0.4% against the dollar, its second increase in the last three days, with the decline of the greenback, supported by data showing growth in construction better than expected in June . Michael Saunders, member of the Monetary Policy Committee of the Bank of England, said that interest rates in the country are expected to increase faster than expected, pointing out that if the economy progressed relative to the target, it would probably increase the interest rates. Currently
The Dollar Index has fallen more than 0.2% on Wednesday, prolonging losses for the second consecutive day, reflecting the continued decline in the US currency against a basket of global currencies, investors waiting to new signs this week. Of this year.
Investors are eagerly awaiting important data on the UK services sector in June, which is a strong proof of the recovery of the royal economy in the second quarter of 2018, as growth slowed down in the first quarter. first trimester.
By 8:30 am GMT, the PMI index is expected to reach 54.0 in June and the index is expected to reach 54.0 in May
Tags ahead British data gains highest level lifted pound Sector service week
