Pound Mixed Ahead Of U.K. GDP Data
July 12 2022 - 9:57PM
RTTF2
At 2.00 am ET Wednesday, the Office for National Statistics
releases the UK national accounts, industrial output and foreign
trade figures. The economy is forecast to remain flat on month in
May, following a 0.3 percent fall in April.
Ahead of the data, the pound traded mixed against its major
rivals. While it rose against the franc, it held steady against the
rest of majors.
The pound was worth 163.98 against the yen, 1.1898 against the
greenback, 0.8439 against the euro and 1.1683 against the franc as
of 1:55 am ET.
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