Pound Retreats Ahead Of U.K. Inflation Data
16 September 2020 - 03:56AM
RTTF2
At 2.00 am ET Wednesday, the Office for National Statistics is
set to publish UK consumer and producer prices for August.
Inflation is forecast to ease to 0.1 percent from 1 percent in
July.
Ahead of these data, the pound retreated from its early highs
against its major rivals.
The pound was worth 135.79 against the yen, 1.1705 against the
franc, 1.2889 against the greenback and 0.9189 against the euro at
1:55 am ET.
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