Pound Falls Ahead Of UK Unemployment Data
At 2.00 am ET Tuesday, the Office for National Statistics
releases UK labor market data. The jobless rate is forecast to rise
to 5.1 percent in three months to November from 4.9 percent in
three months to October.
Ahead of the data, the pound dropped against its major rivals.
The pound was worth 1.3640 against the greenback, 141.46 against
the yen, 1.2123 against the franc and 0.8891 against the euro as of
1:55 am ET.