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Thomson Reuters
Oct 02 - 08:36 AM
GBP/USD - Drops To 3-Week Low After UK Construction PMI Miss
First appeared on eFXplus on Oct 02 - 05:10 AM
  • Cable extends south to 1.2958 after weaker than expected UK construction PMI
  • 52.1 vs 52.5 f/c, six month low nL9N1S702D. 1.2958 = three-week low
  • 1.2985 was pre-data low, as EUR/USD sagged on Italy concerns nL9N1S702D
  • Tory conference noise about Brexit is helping weigh on GBP nL8N1WI1J1
  • GBP also fell when the Tories met in 2017 and 2016
  • Boris Johnson would delay Brexit if he became PM - The Sun nL8N1WI1W0

GBPUSD: Click here

Source:
Thomson Reuters IFR Markets

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