United Kingdom: Markit Services PMI (Feb): 51.8 vs 51.5 (Jan)

Mar 5, 2013

Forex Flash: AUD strengthens following RBA decision - BTMU

Lee Hardman, FX analyst at the Bank of Tokyo Mitsubishi UFJ notes that the Australian dollar was strengthened modestly in the Asian trading session following the stronger than expected Australian retail sales report for January and the RBA’s decision to leave monetary policy unchanged at today’s meeting.

UK: PMI Services expands to 51.8 in February

UK PMI Services increased to 51.8 points in February, from 51.5 points in January, according to data released today by Markit. Market consensus pointed to a drop to 51.0.