United States Markit Manufacturing PMI dipped from previous 55.7 to 54.1 in April

FXStreet.com (Barcelona)

May 1, 2015

GBP/USD near-term risk titled to the downside – Scotiabank

Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, believes that the political uncertainty implies that risks for GBP/USD remain tilted to the downside in the near-term.

EUR/GBP reaches 2-month high above 0.7400

EUR/GBP extended gains during the European session and reached its highest level in more than 2 months, as the pound continues to underperform amid political uncertainty ahead of the UK general elections on May 7.