Pound Falls Vs Most Majors Ahead Of U.K. GDP Data
February 21 2018 - 11:27PM
RTTF2
At 4.30 am ET Thursday, the Office for National Statistics is
slated to release UK GDP data. The economy is forecast to grow 0.5
percent sequentially in the fourth quarter, in line with flash
estimate.
Ahead of the data, the pound traded mixed against its major
rivals. While the pound held steady against the greenback, it
dropped against the rest of major rivals.
The pound was worth 1.3887 against the greenback, 149.02 against
the yen, 1.3027 against the franc and 0.8846 against the euro as of
4:25 am ET.
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