Pound Falls Vs Most Majors Ahead Of U.K. Inflation Data
23 May 2018 - 2:27PM
RTTF2
At 4.30 am ET Wednesday, the Office for National Statistics
releases UK consumer and producer prices for April. Inflation is
forecast to remain unchanged at 2.5 percent.
Ahead of the data, the pound traded mixed against its major
counterparts. While the pound rose against the euro, it fell
against the rest of major counterparts.
The pound was worth 1.3381 against the greenback, 147.07 against
the yen, 1.3265 against the franc and 0.8761 against the euro as of
4:25 am ET.
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