Pound Drops Ahead Of U.K. Construction PMI

Pound Drops Ahead Of U.K. Construction PMI

At 4.30 am ET Tuesday, UK Markit/CIPS construction PMI data is due. The indicator is forecast to remain unchanged at 52.9 in September.

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

The pound was worth 1.2985 against the greenback, 147.73 against the yen, 1.2765 against the franc and 0.8879 against the euro as of 4:25 am ET.

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