Pound Stays Stronger as Data Shows U.K. Construction Contracted

The pound stayed stronger against the euro and the dollar even as a report showed construction activity in the U.K. contracted at a faster pace than forecast last month.

The pound appreciated 0.5 percent to 86.48 pence per euro at 9:33 a.m. London time. Sterling rose 0.2 percent to $1.5722.

To contact the reporter on this story: Emma Charlton in London at echarlton1@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.