Pound Retreats Ahead Of U.K. GDP Data
December 21 2021 - 8:59PM
RTTF2
At 2.00 am ET Wednesday, the Office for National Statistics
releases UK revised quarterly GDP data. The economy is forecast to
grow 1.3 percent sequentially in the third quarter, after rising
5.5 percent in the second quarter.
The pound retreated from its early highs against its major
counterparts ahead of the data.
The pound was worth 151.25 against the yen, 1.3250 against the
greenback, 0.8506 against the euro and 1.2250 against the franc as
of 1:55 am ET.
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