Pound Mixed Ahead Of U.K. Construction PMI
September 01 2015 - 11:28PM
RTTF2
Markit Economics and the Chartered Institute of Purchasing &
Supply, or CIPS, is due to release the results of its August
construction sector activity report for the U.K. at 4:30 am ET
Wednesday. The construction PMI is expected to edge up to 57.5 in
August from 57.1 in July.
Ahead of the data, the pound showed mixed trading against its
major rivals. While the pound fell against the U.S. dollar, it rose
against the Swiss franc. Against the euro and the yen, the pound
held steady.
As of 4:25 am ET, the pound was trading at 0.7368 against the
euro, 1.5279 against the U.S. dollar, 1.4731 against the Swiss
franc and 183.36 against the yen.
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