Select Language

UK Preliminary Services PMI leaps to 53.6 in August vs. 51.8 expected

Breaking news

UK Preliminary Services PMI leaps to 53.6 in August vs. 51.8 expected

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.08.21 17:35
UK Preliminary Services PMI leaps to 53.6 in August vs. 51.8 expected

update 2025.08.21 17:35

  • UK Services PMI jumped to 53.6 in August, a positive surprise.
  • Manufacturing PMI in the UK ticked down to 47.3 in August.
  • GBP/USD jumps toward 1.3500 after UK business PMIs.

The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers' Index (PMI) declined to 57.3 in August from 48 in July. The data missed the anticipated 48.3 print in the reported period.

Meanwhile, the Preliminary UK Services Business Activity Index unexpectedly jumped to 53.6 in August versus July's 51.8 while coming in above the market forecast of 51.8.

FX implications

The Pound Sterling picks up fresh bids on an upside surprise in the UK Services PMI, as GBP/USD adds 0.08% on the day to 1.3466, as of writing.

Pound Sterling Price Today

The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the strongest against the Australian Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.05% -0.09% 0.18% 0.02% 0.10% -0.06% 0.13%
EUR 0.05% -0.05% 0.19% 0.06% 0.22% 0.04% 0.17%
GBP 0.09% 0.05% 0.24% 0.12% 0.28% 0.09% 0.23%
JPY -0.18% -0.19% -0.24% -0.15% -0.05% -0.18% 0.01%
CAD -0.02% -0.06% -0.12% 0.15% 0.05% -0.09% 0.10%
AUD -0.10% -0.22% -0.28% 0.05% -0.05% -0.10% 0.04%
NZD 0.06% -0.04% -0.09% 0.18% 0.09% 0.10% 0.14%
CHF -0.13% -0.17% -0.23% -0.01% -0.10% -0.04% -0.14%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote).

 


Date

Created

 : 2025.08.21

Update

Last updated

 : 2025.08.21

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

Japan to restrict exports to some entities in China, Turkey over sanctions against Russia

Japan's Trade Ministry announced on Friday that the country will impose additional export restrictions on several foreign entities as part of sanctions against Russia's invasion of Ukraine.
New
update2025.09.12 12:39

USD/CAD holds gains near 1.3850 ahead of Michigan Consumer Sentiment Index

USD/CAD edges higher after registering gains of around a quarter of a percent in the previous session, trading around 1.3840 during the Asian hours on Friday.
New
update2025.09.12 12:05

Silver Price Forecast: XAG/USD taps $42.00 for the first time since September 2011

Silver (XAG/USD) rallies to a fresh high since September 2011 during the Asian session on Friday, with bulls looking to build on the momentum beyond the $42.00 round figure.
New
update2025.09.12 11:51

Japanese Yen struggles amid political uncertainty and risk-on mood; downside seems limited

The Japanese Yen (JPY) struggles to capitalize on the overnight bounce from a three-day low against a broadly weaker US Dollar (USD) and ticks lower during the Asian session on Friday.
New
update2025.09.12 11:24

NZD/USD loses ground below 0.5900 on renewed US Dollar demand

The NZD/USD pair loses ground to near 0.5870 during the Asian trading hours on Friday. The pair edges lower on a modest rebound in the US Dollar (USD) and deflationary pressures in China.
New
update2025.09.12 11:22

Australian Dollar climbs as prospects for a larger Fed rate cut increase

The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, extending its gains for the third successive session.
New
update2025.09.12 10:50

WTI declines below $62.00 on weak demand, oversupply concerns

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.80 during the early Asian trading hours on Friday. The WTI declines amid concerns over possible softening of US demand and broad oversupply risks. 
New
update2025.09.12 10:29

PBOC sets USD/CNY reference rate at 7.1019 vs. 7.1034 previous

On Friday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1019 compared to the previous day's fix of 7.1034 and 7.1081 Reuters estimate.
New
update2025.09.12 10:15

China says not happy with super-high tariffs Mexico has placed on it now

China's Commerce Ministry said on Friday that the officials are not happy with super-high tariffs that Mexico has placed on China now. 
New
update2025.09.12 09:57

Japan's Kato: Significant that Japan and US reconfirm key points on FX policies

Japanese Finance Minister Katsunobu Kato said on Friday that the joint statement was significant in light of the new US tariff order, adding that there were no talks with US Treasury Secretary Bessent on specific foreign exchange (FX) levels.
New
update2025.09.12 09:45

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel