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Forex News: Pound Drops Ahead Of U.K. Construction PMI

Pound Drops Ahead Of U.K. Construction PMI

06/04/2018 - 04:26:00 (RTTNews)

(RTTNews) - UK CIPS/Markit construction PMI is due at 4.30 am ET Monday. The construction index is expected to drop to 51.8 in May from 52.5 in April.

Ahead of the data, the pound fell against its major counterparts.

The pound was worth 146.28 against the yen, 1.3183 against the franc, 0.8758 against the euro and 1.3356 against the greenback as of 4:25 am ET.

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