LONDON, Sep 2 (MNI) - Release of weaker-than-forecast UK CIPS data added further negative weight on the pound.

Cable extended its corrective pullback, off Wednesday's recovery highs at $1.5492, to $1.5374 (76.4% $1.5337/1.5492), while euro-sterling extended its recent recovery gains above stg0.8330.

LONDON, Sep 2 (MNI) - A solid Spanish bond auction, along with an upside revision in eurozone y/y Q2 GDP data, provided the single European currency with added buoyancy.

Early corrective pullbacks were supported by decent demand placed between $1.2780/70, though topside gains were resticted by offers placed around technical resistance at $1.2838 (76.4% $1.2856/1.2777). Wednesday's risk appetite gains were generally seen tempered by position adjustments ahead of Friday's key US employment report.

LONDON, Sep 2 (MNI) - Release of weaker than forecast UK CIPS data added further negative weight on the pound. Cable extended its corrective pullback, off Wednesday's recovery highs at $1.5492, to $1.5374 (76.4% $1.5337/1.5492), while euro-sterling extended its recent recovery gains above stg0.8330.

LONDON, Sep 1 (MNI) - Euro and commodity currencies were the main beneficiaries as the dollar lost ground through European morning trade Wednesday, with risk appetite boosted following the release of strong data in China and Australia overnight, which in turn provided gains in equity markets.

Euro-dollar held toward recovery highs of $1.2797 ahead of the New York open while the Yen was seen mixed, losing ground to the strong euro, while trading was firm against the dollar.

LONDON, Sep 1 (MNI) - Release of weaker-than-expected CIPS manufacturing PMI survey knocked sterling lower, allowing euro-sterling to break above stg0.8300, while cable revisited overnight Asian lows of $1.5337, though it remained shy of a retest of NY lows at $1.5327.

Sterling held off worst levels ahead of the New York open but underlying tone toward the pound remains bearish, traders say.

LONDON, Aug 31 (MNI) - A mix of risk aversion and month end position adjustments influenced trade through the European morning Tuesday.

Dollar-yen extended its pullback to Y84.06 in early Europe, but recovered toward Y84.50 by late morning as reported decent sized option interest for mid December provided some buoyancy.

Month-end fix interest so far suggested to benefit the US dollar, mainly versus sterling, Aussie and the Canadian dollar, but versus the euro mainly neutral.

LONDON, Aug 31 (MNI) - Sterling traded heavily through the European morning Tuesday, risk aversion setting the tone as well as talk that sterling could be sold at the day's month-end fixings, especially against the dollar.

End-month sovereign buys of euro-sterling were also reported and added to the negative tone toward the pound. Release of better-than-expected mortgage data only provided some respite.

LONDON, Aug 27 (MNI) - Sterling's initial positive reaction to the release of UK GDP data, which showed Q2 growth revised up 0.1% to 1.2% boosted by a surge in construction output and a rise in stock levels, proved short lived as the market focused on the sharp fall in business investment data. Cable traded the balance of the session back toward $1.5500 as the market turned to focus on this afternoon's key US GDP data release and Federal Reserve Bank chairman Bernanke's speech at Jackson Hole.