Pound Pares Gain Vs Most Majors Ahead Of U.K. Construction PMI
23:27, 1st December 2016
(RTTNews) - At 4.30 am ET Friday, IHS Markit publishes U.K. construction PMI report for November. The index is forecast to fall to 52.2 in November from 52.6 in October.
Ahead of the data, the pound traded mixed against its major counterparts. While the pound held steady against the euro, it pared gain against the rest of major counterparts.
The pound was worth 1.2614 against the greenback, 0.8451 against the euro, 143.42 against the yen and 1.2750 against the franc as of 4:25 am ET.
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