UK PMI Provides A Boost to Risk FX Ahead of NFP
Risk FX was mildly bid in a typically quiet pre-NFP session boosted by better than expected UK PMI numbers and slightly positive tone in European equities. With no major economic data out of the Eurozone the only report of note was the UK PMI services release which surprised to the upside printing at 56.0 versus 53.5 expected.
Commentary from Boris Schlossberg, Director of Research, GFT
