Pound Falls Ahead Of U.K. CPI, PPI
17 October 2018 - 3:26PM
RTTF2
At 4.30 am ET Wednesday, the Office for National Statistics is
scheduled to issue consumer and producer prices for September. UK
inflation is expected to ease slightly to 2.6 percent from 2.7
percent in August.
Ahead of these data, the pound dropped against its major
counterparts.
The pound was worth 1.3039 against the franc, 0.8795 against the
euro, 147.61 against the yen and 1.3152 against the greenback as of
4:25 am ET.
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