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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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The U.S. dollar weakened against other major currencies in the European session on Monday.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Friday.
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Yen Falls As U.S. Court Blocks Trump's Tariffs
The Japanese yen weakened against other major currencies in the Asian session on Thursday, after a U.S. federal court blocked U.S. President Donald Trump's attempt to impose sweeping reciprocal tariffs against its global trading partners under emergency powers, saying he exceeded his authority.
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