Pound Rises Ahead Of U.K. GDP Data
11 November 2021 - 12:57PM
RTTF2
At 2.00 am ET Thursday, the Office for National Statistics
releases UK GDP, industrial production and foreign trade reports.
The economy is expected to expand 1.5 percent sequentially in the
third quarter, slower than the 5.5 percent growth in the second
quarter.
Ahead of the data, the pound gained against its major
counterparts.
The pound was worth 152.93 against the yen, 1.2330 against the
franc, 1.3425 against the greenback and 0.8552 against the euro as
of 1:55 am ET.
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