Pound Mixed Ahead Of U.K. CPI, PPI
19 January 2022 - 12:59PM
RTTF2
At 2.00 am ET Wednesday, the Office for National Statistics
releases UK consumer and producer prices for December. Consumer
price inflation is forecast to rise to 5.2 percent in December from
5.1 percent in November.
Ahead of the data, the pound showed mixed trading against its
major counterparts. While it rose against the greenback, it held
steady against the euro. Against the yen and the franc, it
dropped.
The pound was worth 155.49 against the yen, 1.2460 against the
franc, 1.3602 against the greenback and 0.8332 against the euro at
1:55 am ET.
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