# UPDATE 2-Pound near day's lows on UK election uncertainty

> Sterling held near the day's lows on November 4 as election campaigning began, with the pound trading near $1.29 and 86.39 pence against the euro. UK construction PMI shrank for a sixth month in October.

- Date: 2019-11-04 · published 2019-11-04T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/56323-update-2-pound-near-day-s-lows-on-uk-election-uncertainty
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Election uncertainty and weak PMI data keep sterling under mild pressure, a routine currency move with no direct feed commodity impact.

## Sources

- cnbc.com: https://www.cnbc.com/2019/11/04/reuters-america-update-2-pound-near-days-lows-on-uk-election-uncertainty.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.