Pound Climbs Vs Most Majors Ahead Of U.K. CPI, PPI
16 June 2021 - 11:55AM
RTTF2
At 2.00 am ET Wednesday, the Office for National Statistics
releases UK consumer and producer prices for May. Consumer price
inflation is forecast to rise to 1.8 percent from 1.5 percent in
April. Output price inflation is seen at 4.5 percent versus 3.9
percent in the previous month.
Ahead of the data, the pound held steady against the euro, but
rose against the rest of major counterparts.
The pound was worth 155.08 against the yen, 1.4090 against the
greenback, 0.8609 against the euro and 1.2659 against the franc at
1:55 am ET.
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