Forex News – Sterling boosted after strong UK manufacturing PMI, Euro zone also improves
Posted on September 2, 2013 at 8:45 am GMTThe final Euro zone Manufacturing PMI index hit a 26-month high of 51.4 in August, up from July’s 50.3. Germany, which is Europe’s largest economy, showed impressive activity in its manufacturing sector as its PMI hit a 25-month high. All Euro zone member countries with the exception of France showed improved PMIs and all countries except France and Greece recorded PMIs above 50.0. Any number above 50.0 shows expansion while below shows contraction. Strong orders for manufactured [..]