Pound Mixed Ahead Of U.K. CPI, PPI Data
14 Februar 2024 - 2:57AM
RTTF2
At 2:00 am ET Wednesday, the Office for National Statistics
releases U.K. consumer and producer prices for January. Inflation
is seen rising to 4.1 percent from 4.0 percent in December. Output
prices are expected to decline 0.5 percent on year, in contrast to
the 0.1 percent gain a month ago.
Ahead of these data, the pound showed mixed trading against its
major rivals. While the pound rose against the euro, the U.S.
dollar and the yen, it held steady against the Swiss franc.
As of 1:55 am ET, the pound was trading at 0.8501 against the
euro, 1.1170 against the Swiss franc, 1.2609 against the U.S.
dollar and 189.74 against the yen.
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