Pound Pares Advance Versus Euro After U.K. Construction Report
This article is for subscribers only.
The pound pared an advance against the euro after an industry report showed that construction output in the U.K. contracted more than economists forecast in March.
The U.K. currency was little changed at 84.85 pence per euro as of 9:35 a.m. London time, after earlier strengthening as much as 0.2 percent to 84.69 pence.