UK: PMI Services soars to 60.5 in August

FXstreet.com (Barcelona) - UK PMI Services increased to 60.5 points in August, from 60.2 points in July, according to data released today by Markit. Market consensus pointed to a slight drop to 59 points.

United Kingdom August Markit Services PMI up to 60.5 vs 60.2 (July)

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Flash: EUR/JPY approaching top of converging range – Commerzbank

Karen Jones, Head of Technical Analysis at Commerzbank notes that EUR/JPY remains within its converging range limits of 129.12 and 132.25.
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