U.K Construction PMI at 53.6

Monday, 4 July 2011 12:03

United Kingdom Consturction PMI slowed down in June, falling from 54 points in May to 53.6 points in June.  The release didn't shake the sterling too much as the news was in line with expectations; nothing more or nothing less was expected. 

Sterling versus U.S Dollar was trading at 1.6120 right after the release; slightly lower than prior-to-news trading.  Half an hour in the pair went to 1.6130.

Euro/Pounds is currently trading at 0.9012.

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