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Pound Mixed Ahead Of U.K. GDP Data
(RTTNews) - At 2.00 am ET Wednesday, the Office for National Statistics releases the UK national accounts, industrial output and foreign trade figures. The economy is forecast to remain flat on month in May, following a 0.3 percent fall in April.
Ahead of the data, the pound traded mixed against its major rivals. While it rose against the franc, it held steady against the rest of majors.
The pound was worth 163.98 against the yen, 1.1898 against the greenback, 0.8439 against the euro and 1.1683 against the franc as of 1:55 am ET.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Thursday.
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Euro Falls Against Most Majors
The euro fell against its most major counterparts in the New York session on Wednesday.
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U.S. Dollar Rises As Traders Await FOMC Minutes
The U.S. dollar strengthened against other major currencies in the Asian session on Wednesday, as traders await the minutes from May's FOMC meeting due later in the day.
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