- The PMI hinging, fell to 48.9 in April, there is a lack of expectations.
- In April, PMI production in Great Britain unexpectedly dropped to 44.
- GBP/USD publishes moderate losses below 1.3300 after the British PMIS business.
The S&P Global/CIPS production managers in Great Britain (PMI) softened to 44 in April from 44.9 in March. The data matched the market consensus of 44 in the reported period.
Meanwhile, the initial indicator of business activity in the UK concluded a contract to 48.9 in April compared to March 52.5, when he passed below 51.3 of the expected number.
FX implications
GBP/USD It maintains the offered tone intact below 1.3300 after mixed UK PMI data. The couple dropped by 0.27% during the day, from writing.
The price of the British pound today
The table below shows a percentage change in the British pound (GBP) in relation to the main currencies. The British pound was the weakest in relation to the Australian dollar.
| USD | EUR | GBP | JPy | BOOR | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.20% | 0.27% | 0.13% | 0.04% | -0.77% | -0.30% | 0.31% | |
| EUR | -0.20% | 0.05% | -0.10% | -0.18% | -0.92% | -0.52% | 0.10% | |
| GBP | -0.27% | -0.05% | -0.13% | -0.23% | -0.98% | -0.57% | 0.07% | |
| JPy | -0.13% | 0.10% | 0.13% | -0.10% | -0.80% | -0.46% | 0.20% | |
| BOOR | -0.04% | 0.18% | 0.23% | 0.10% | -0.70% | -0.31% | 0.30% | |
| Aud | 0.77% | 0.92% | 0.98% | 0.80% | 0.70% | 0.43% | 1.03% | |
| NZD | 0.30% | 0.52% | 0.57% | 0.46% | 0.31% | -0.43% | 0.64% | |
| CHF | -0.31% | -0.10% | -0.07% | -0.20% | -0.30% | -1.03% | -0.64% |
The heat map shows percentage changes in the main currencies towards each other. The basic currency is collected from the left, and the quote currency is collected from the upper order. For example, if you choose a British pound on the left column and move along the horizontal line to the American dollar, the percentage shift displayed in the field will represent GBP (base)/USD (quote).
