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Pound Mixed Ahead Of U.K. GDP Data

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

At 4:30 am ET Wednesday, the Office for National Statistics publishes third estimate for the U.K. GDP. According to previous estimate, the economy expanded 0.7 percent sequentially in the second quarter.

Ahead of the data, the pound showed mixed trading against its major rivals. While the pound rose against the yen, it held steady against the U.S. dollar, the Swiss franc and the euro.

As of 4:25 am ET, the pound was trading at 0.7407 against the euro, 1.4758 against the Swiss franc, 1.5156 against the U.S. dollar and 182.10 against the yen.

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