Pound Retreats Ahead Of U.K. GDP Data
September 29 2021 - 10:00PM
RTTF2
At 2.00 am ET Thursday, the Office for National Statistics
releases UK final GDP data for the second quarter. According to
first estimates, the economy had expanded 4.8 percent sequentially
after falling 1.6 percent in the first quarter.
Ahead of the data, the pound retreated from its early highs
against its major rivals.
The pound was worth 1.3435 against the greenback, 150.27 against
the yen, 1.2544 against the franc and 0.8631 against the euro at
1:55 am ET.
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