Pound Advances Ahead Of U.K. GDP Data
March 11 2020 - 1:26AM
RTTF2
At 5.30 am ET Wednesday, the Office for National Statistics is
set to issue UK's monthly GDP, industrial and construction output
and foreign trade data. The economy is forecast to grow 0.2 percent
on month in January, slightly slower than the 0.3 percent rise in
December.
Ahead of the data, the pound rose against its major rivals. The
pound was worth 1.2950 against the greenback, 136.27 against the
yen, 1.2123 against the franc and 0.8739 against the euro as of
4:25 am ET.
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