Pound lifted off six-week low by upbeat construction data
Share:
LONDON (Reuters) - Sterling bounced off six-week lows against the dollar on Tuesday after better-than-expected construction activity data offset fears of a hard Brexit fuelled by the government's tough stance in European Union trade talks.The move reversed losses in early trading against the broadly stronger greenback which extended Monday's 1% slump on renewed concern Britain may fail to clinch a trade deal by the end of an 11-month transition period.By 1400 GMT, the pound was up 0.25% to..