Pound Mixed Ahead Of U.K. GDP Data
July 08 2021 - 9:55PM
RTTF2
At 2.00 am ET Friday, the Office for National Statistics is
scheduled to issue UK monthly GDP, industrial and construction
output and foreign trade figures. The economy is forecast to grow
1.5 percent on month in May, following April's 2.3 percent
rise.
Ahead of these data, the pound traded mixed against its major
counterparts. While it was steady against the dollar, it rose
against the rest of major rivals.
The pound was valued at 151.60 against the yen, 1.3781 against
the greenback, 0.8587 against the euro and 1.2621 against the franc
as of 1:55 am ET.
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