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Pound Drops Ahead Of U.K. Mortgage Approvals Data

00:25, 29th April 2016

(RTTNews) - At 4:30 am ET Friday, the Bank of England is scheduled to release U.K. mortgage approvals data for March. The number of mortgage approvals is seen at 74,200 in March versus 73,900 in February.

Ahead of the data, the pound fell against its major rivals.

As of 4:25 am ET, the pound was trading at 0.7789 against the euro, 1.4069 against the Swiss franc, 1.4606 against the U.S. dollar and 156.36 against the yen.

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