Pound Falls Ahead Of U.K. Industrial Output, Trade Data
August 10 2017 - 12:25AM
RTTF2
At 4:30 am ET Thursday, the Office for National Statistics is
scheduled to release U.K. industrial output and foreign data for
June. Economists forecast industrial production to climb 0.1
percent and manufacturing to remain flat on a monthly basis in
June. The U.K. visible trade deficit is seen narrowing to GBP 11
billion in June from GBP 11.86 billion in May.
Ahead of these data, the pound fell against its major
rivals.
As of 4:25 am ET, the pound was trading at 0.9041 against the
euro, 1.2530 against the Swiss franc, 1.2968 against the U.S.
dollar and 142.60 against the yen.
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