Investing.com – Sterling weakened Wednesday after mixed U.K. data
The was down 0.40% at $1.2127 at 05:30 ET. eased 0.18% to €1.1516.
U.K. output rose 1.3% in November MoM vs. forecast of 0.5% growth.
also beat forecasts, but activity declined MoM.
The deficit widened more than expected heightening concerns about the current account shortfall.
Sterling has been under pressure this week on renewed fears of a “hard Brexit.”
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