EMU: PMI Manufacturing drops more than expected in May

FXStreet (Łódź) - Eurozone PMI Manufacturing fell to 52.2 in May, from 53.4 in April, according to data released today by Markit. Analysts expected less decline to 52.5 points.

Jun 2, 2014

United Kingdom M4 Money Supply (YoY) declined to -0.6% in April from previous -0.3%

GBP/USD is very reserved after PMI data

GBP/USD practically ignored all the stress that came from the euro trading around 1.6760 just before the UK PMI release, and reaching 1.6723 low on data, though rebounded back very soon.