Pound Recovers Ahead Of UK GDP Data
October 25 2017 - 12:25AM
RTTF2
The Office for National Statistics publishes UK GDP data for the
third quarter at 4:30 am ET Wednesday. The economy is forecast to
expand 0.3 percent on quarter, the same rate as seen in the second
quarter.
Ahead of the data, the pound recovered from its early lows
against its major rivals.
The pound was worth 1.3121 against the greenback, 149.41 against
the yen, 1.3002 against the franc and 0.8967 against the euro as of
4:25 am ET.
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