Pound Mixed Ahead Of U.K. GDP Data
May 25 2017 - 12:29AM
RTTF2
At 4:30 am ET Thursday, the Office for National Statistics
publishes the second estimates for the U.K. GDP. According to first
estimate, the economy expanded 0.3 percent sequentially in the
first quarter.
Ahead of the data, the pound showed mixed trading against its
major rivals. While the pound rose against the U.S. dollar and the
yen, it fell against the euro and the Swiss franc.
As of 4:25 am ET, the pound was trading at 0.8652 against the
euro, 1.2617 against the Swiss franc, 1.2995 against the U.S.
dollar and 145.22 against the yen.
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