Pound Strengthens Ahead Of U.K. Inflation Data
15 August 2018 - 06:27AM
RTTF2
At 4.30 am ET Wednesday, UK consumer and producer prices for
July and house price data for June are due. Inflation is forecast
to rise slightly to 2.5 percent in July from 2.4 percent in
June.
Ahead of these data, the pound advanced against its major
rivals.
The pound was worth 141.57 against the yen, 1.2683 against the
franc, 0.8909 against the euro and 1.2715 against the greenback as
of 4:25 am ET.
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