Pound Mixed Ahead Of U.K. Mortgage Approvals
29 February 2016 - 3:27PM
RTTF2
At 4:30 am ET Monday, the Bank of England publishes mortgage
approvals for January. The number of mortgages approved in January
is seen at 74,000 compared to 70,800 in December.
Ahead of the data, the pound showed mixed trading against its
major rivals. While the pound fell against the yen, it rose against
the euro and the Swiss franc. Against the U.S. dollar, the pound
held steady.
As of 4:25 am ET, the pound was trading at 0.7865 against the
euro, 1.3859 against the Swiss franc, 1.3876 against the U.S.
dollar and 156.65 against the yen.
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