British Pound Remains Under Pressure Ahead of BOE Rate Cut as UK Construction PMI Falls to Record Low

British Pound Remains Under Pressure Ahead of BOE Rate Cut as UK Construction PMI Falls to Record Low

Published by DavidWaring
12-02-2008

British Pound Remains Under Pressure Ahead of BOE Rate Cut as UK Construction PMI Falls to Record Low

British Pound Remains Under Pressure Ahead of BOE Rate Cut as UK Construction PMI Falls to Record Low

The British pound initially eased back on the release of UK construction activity figures, but subsequently bounced back amidst broad US dollar weakness.

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