Sterling was quoted at $1.6030, up from $1.5885 late Friday. In Tokyo Tuesday, the U.S. currency opened for trading at 141.80 yen, down from Monday's Tokyo close of 142.40 yen.
the economy is continuing to expand at a relatively brisk pace
The market's attention is especially focused on a preliminary report on the U.S. third-quarter gross national product, due out Thursday, which could show the economy is continuing to expand at a relatively brisk pace.
Sterling was quoted at $1.6030, up from $1.5885 late Friday. In Tokyo Tuesday, the U.S. currency opened for trading at 141.80 yen, down from Monday's Tokyo close of 142.40 yen.</s>The market's attention is especially focused on a preliminary report on the U.S. third-quarter gross national product, due out Thursday, which could show the economy is continuing to expand at a relatively brisk pace.</s>the economy is continuing to expand at a relatively brisk pace