The U.K. mortgage approvals for November and construction PMI for December are expected at 4:30 am ET Friday. Ahead of these reports, the pound showed mixed trading against other major currencies. While the pound held steady against the yen, it climbed against the the euro. Against the dollar and the franc, the pound pared gains.
The pound was worth 1.6439 against the greenback, 171.60 against the yen, 1.4807 against the franc and 0.8295 against the euro at 4:25 am ET.
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Forex News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.