UK Construction PMI seen to dip

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 3, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    From the UK yesterday it was something of a disappointment seen when construction PMI data came in below expectationsat 55.3 instead of the 58.4 anticipated. This is the worst we’ve seen it since 2013 as commercial development builds overtook residential builds. GBP took a knock in strength against USD following this, but this was also attributed to dollar strengthening. There has also been concern shown following the UK’s decision yesterday to begin military operations in Syria. In terms of

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