Pound Mixed Ahead Of U.K. CPI, PPI
19 Maggio 2021 - 3:56AM
RTTF2
At 2.00 am ET Wednesday, the Office for National Statistics
releases UK consumer and producer price figures for April. Consumer
price inflation is expected to double to 1.4 percent from 0.7
percent in March.
Ahead of the data, the pound showed mixed trading against its
major counterparts. While it fell against the euro, it recovered
against the greenback. Against the yen and the franc, it held
steady.
The pound was worth 1.4195 against the greenback, 154.62 against
the yen, 1.2734 against the franc and 0.8622 against the euro at
1:55 am ET.
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