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3 Jun 2015
UK economy may have peaked - BBH
FXStreet (Guatemala) - Analysts at Brown Brothers Harriman explained the fears that the UK economy has peaked.
Key Quotes:
"The UK's service PMI fell to 56.5 from 59.5, the lowest reading here in 2015. The composite fell to 55.8 from 58.4."
"It plays on fears that the UK economy may have peaked."
"Sterling's losses have retraced nearly 61.8% of this week's bounce (at $1.5250)."
Key Quotes:
"The UK's service PMI fell to 56.5 from 59.5, the lowest reading here in 2015. The composite fell to 55.8 from 58.4."
"It plays on fears that the UK economy may have peaked."
"Sterling's losses have retraced nearly 61.8% of this week's bounce (at $1.5250)."