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At 4.30 am ET Wednesday, UK CIPS/Markit final manufacturing PMI is due. The reading is seen at 47.0 in March compared to preliminary estimate of 48.0.
Ahead of the data, the pound traded mixed against its major rivals. While the pound rose against the euro, it held steady against the rest of major rivals. The pound was worth 1.2354 against the greenback, 133.01 against the yen, 1.1935 against the franc and 0.8859 against the euro as of 4:25 am ET.
