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Forex News: Pound Falls Ahead Of U.K. GDP Data

Pound Falls Ahead Of U.K. GDP Data

05/25/2018 - 04:25:00 (RTTNews)

(RTTNews) - The Office for National Statistics releases second estimate for the UK GDP at 4:30 am ET Friday. The ONS is expected to confirm 0.1 percent sequential growth for the first quarter.

Ahead of the data, the pound dropped against its major rivals.

The pound was worth 1.3350 against the greenback, 146.03 against the yen, 1.3243 against the franc and 0.8765 against the euro as of 4:25 am ET.

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