Sterling firms above 1.13 versus dollar for second straight session

Economies.com
2017-09-06 16:32PM UTC

Sterling rose against the dollar to the highest since August 4, rebounding for the eighth session out of ten from the lowest since June 27, following earlier data from the US, and amid a lack thereof from Britain. 

 

As of 05:30 GMT, GBP/USD rose 0.20% to 1.3059 from the opening of 1.3033, with a one-month high at 1.3082, and a session-low at 1.3019. 

 

Earlier US data showed the trade balance with a deficit that rose below expectations to $43.7 billion in July, while the ISM services PMI rose to 55.3 in August, nonetheless missing analysts' expectations.

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