Pound Mixed Ahead Of U.K. Mortgage Approvals
May 31 2019 - 12:28AM
RTTF2
At 4:30 am ET Friday, Bank of England is scheduled to issue
mortgage approvals for April. Economists forecast mortgage
approvals to rise to 63,500 from 62,300 in March.
Ahead of the data, the pound traded mixed against its major
counterparts. While the pound rose against the greenback, it
dropped against the yen and the franc. Against the euro, it held
steady.
The pound was worth 1.2622 against the greenback, 137.43 against
the yen, 1.2692 against the franc and 0.8831 against the euro as of
4:25 am ET.
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