Pound Edges Up Ahead Of U.K. Public Sector Borrowing
July 21 2017 - 12:26AM
RTTF2
The Office for National Statistics releases U.K. public sector
finance data for June. The budget deficit is forecast to narrow to
GBP 4.2 billion in June from GBP 6.0 billion in May.
Ahead of the data, the pound traded mixed against its major
rivals. While the pound rose against the franc, euro and the
greenback, it held steady against the yen.
The pound was worth 1.2993 against the greenback, 145.21 against
the yen, 1.2358 against the franc and 0.8957 against the euro as of
4:25 am ET.
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