Pound Mixed Ahead Of U.K. GDP Data
June 12 2022 - 09:59PM
RTTF2
At 2.00 am ET Monday, the Office for National Statistics
releases UK monthly GDP, industrial production and foreign trade
figures. The economy is forecast to grow marginally by 0.1 percent
on month in April, reversing the 0.1 percent fall in March.
Ahead of the data, the pound traded mixed against its major
counterparts. While it held steady against the greenback and the
franc, it recovered against the yen and the euro.
The pound was worth 165.79 against the yen, 1.2291 against the
greenback, 0.8536 against the euro and 1.2153 against the franc as
of 1:55 am ET.
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