January 6, 2023 – Written by John Cameron
STORY LINK Pound Euro (GBP/EUR) Exchange Rate Slips as UK Construction Contracts
Pound Euro (GBP/EUR) Exchange Rate Weakens as UK Construction Contracts
The Pound Euro (GBP/EUR) exchange rate weakened on Friday, as the UK’s construction sector entered contractionary territory.
At the time of writing, GBP/EUR traded at around €1.1298, a decline of 0.2% from Friday’s opening rates.
Pound (GBP) Slips as Construction Contracts
The Pound (GBP) weakened on Friday, as December’s construction PMI data pointed to contraction in the sector, with activity and new work declining at the fastest rates since May 2020….
Read More
