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2010.07.2902:57:00UTC+00Pound Mixed Ahead Of UK's July House Price Report

The U.K.'s Nationwide is due to release house price data for July at 2:00 am ET. House prices are forecast to rise by 7% on a yearly basis but fall 0.3% on a monthly basis.

Ahead of the report, the pound showed mixed trading against its major counterparts. While the UK currency edged slightly lower against the euro and Swiss franc, it moved range-bound against the rest of majors.

The sterling is presently quoted at 136.30 against the yen, 1.6480 against the Swiss franc, 1.5621 versus the US dollar and 0.8334 against the euro.

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