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Pound Retreats Ahead Of UK Unemployment Data

At 4.30 am ET Wednesday, the Office for National Statistics is set to issue UK unemployment data. The ILO jobless rate is seen unchanged at 4.4 percent in three months to July.

Ahead of the data, the pound retreated from its early highs against its major counterparts.

The pound was worth 146.31 against the yen, 1.2759 against the franc, 0.9011 against the euro and 1.3309 against the greenback as of 4:25 am ET.

by RTTNews Staff Writer

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