Pound Falls Ahead Of U.K. BBA Mortgage Approvals Data
26 Juni 2017 - 6:25AM
RTTF2
At 4:30 am ET Monday, British Bankers' Association is scheduled
to issue UK mortgage approvals data for May. Economists forecast
the number of mortgages approved for house purchases to fall to
40.25K from 40.75K in April.
Ahead of the data, the pound fell against its major rivals.
As of 4:25 am ET, the pound was trading at 0.8789 against the
euro, 1.2353 against the Swiss franc, 1.2729 against the U.S.
dollar and 142.09 against the yen.
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