Pound Mixed Ahead Of U.K. Construction PMI Data
At 4.30 am ET Monday, IHS Markit releases UK construction PMI
data for August. Economists forecast the index to drop to 56.9 from
58.7 a month ago.
Ahead of the data, the pound traded mixed against its major
rivals. While it rose against the franc and the yen, it weakened
against the greenback. Against the euro, it recovered slightly.
The pound was worth 1.3843 against the greenback, 152.12 against
the yen, 1.2672 against the franc and 0.8571 against the euro at
4:25 am ET.
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