Pound Mixed Ahead Of UK Industrial Production, Trade Data
March 08 2018 - 11:27PM
RTTF2
At 4.30 am ET Friday, the Office for National Statistics
publishes UK industrial production and foreign trade data.
Economists forecast industrial output to grow 1.5 percent on month
in January, in contrast to a 1.3 percent drop in December.
Ahead of the data, the pound traded mixed against its major
rivals. While the pound held steady against the yen and the
greenback, it fell against the franc and the euro.
The pound was worth 147.40 against the yen, 1.3811 against the
greenback, 1.3116 against the franc and 0.8917 against the euro as
of 4:25 am ET.
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