As reported by the US Census Bureau, there were 1.164 million constructions of residential buildings The UK Public Sector Net Borrowing figure improved with the latest release, which showed that the borrowing was at £9.7 billion in May, beating the £9.35bn forecast.
The Sterling's bullish momentum was mostly reversed on Tuesday, with the UK currency sustaining losses against most major peers.
Optimism in UK's citizens voting for the Kingdom to remain in the EU caused the British currency to strengthen against all other major currencies for another day.
With the ‘Bremain' polls taking the lead, the British Pound managed to outperform all other major currencies on Friday and over the weekend.
The British Pound managed to post gains against most major peers, with exception against the Yen.
The Sterling managed to recover from some of the losses ahead of the BoE Monetary Policy Meeting, being that it surged against most major peers on Wednesday.
Driven by political factors, mainly by ‘Brexit' polls, the Sterling weakened against most major peers on Tuesday.
The Sterling began the week with rather poor performance, being unable to post solid gains and having declined against most major peers on Monday.
The British currency suffered heavy losses against all other major currencies on Friday and over the weekend, amid a ‘Brexit' poll published on Friday.
The British currency experienced mixed performance on Thursday, without any sharp movements registered against most major peers, with exception of the GBP/NZD.
In spite of strong readings of the UK Industrial and Manufacturing Productions yesterday, the Sterling continued to suffer from the upcoming EU referendum concerns.
The British currency managed to post rather significant gains on Tuesday, having declined notable only against the Aussie.
The Sterling continued to decline against most major currencies this week, as on Monday it managed to outperform only one other currency, namely the Yen.
On Friday and over the weekend the British currency weakened across the board, with the only exception being the Cable.
While previously we saw the Pound losing amid the positive fundamentals, yesterday the currency was mostly bullish, even though the main release disappointed.
Regardless of the positive UK fundamentals released yesterday, the Sterling keeps ceding ground against the background of rising support of 'Brexit' among UK citizens.
There were no significant reports on the UK economy yesterday, but the Pound fell precipitously on Tuesday against its major counterparts amid the latest rolls showing more people willing to leave the EU than to stay.
The Sterling was mostly appreciating yesterday, but gains were limited by a small amount of fundamental releases, while losses did not exceed 0.2%.
Despite the absence of any events in the economic calendar, the British Pound was among the best performers on Friday.
Thursday was the worst day for the Sterling this week so far, as it edged lower against all other major currencies yesterday.
Risk appetite caused the Sterling to appreciate the most against the safe-haven Yen, with the pair adding 0.60%, while the Pound also managed to outperform most of major currencies yesterday.
The UK Inflation Report Hearings yesterday caused the British currency to post solid gains across the board.
The British Pound began the week with rather poor performance, as it sustained losses against most major peers on Monday.
The Sterling ended the week with poor performance, having sustained rather serious losses against all other major currencies.