United Kingdom Markit Manufacturing PMI came in at 51.9, above forecasts (51.6) in July

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Aug 3, 2015

EUR/GBP testing lows near 0.7020

EUR/GBP fell further in to losses in the European session, as the shared currency took a hit from the mixed set of Euro area PMI readings while the pound remains muted ahead of the crucial UK manufacturing PMI data.

UK manufacturing PMI continued to expand in July

The headline seasonally adjusted Markit/CIPS Purchasing Manager’s Index (PMI ) rose to 51.9 in July, from a 26-month low of 51.4 in June.