Pound Mixed Ahead Of U.K. Inflation Data
18 November 2020 - 2:55AM
RTTF2
At 2.00 am ET Wednesday, the Office for National Statistics is
set to issue UK consumer and producer prices for October. Inflation
is forecast to rise to 0.6 percent in October from 0.5 percent in
September.
Ahead of these data, the pound traded mixed against its major
rivals. While the currency fell against the euro and the yen, it
held steady against the franc. Against the yen, it dropped.
The pound was worth 137.85 against the yen, 1.2071 against the
franc, 1.3259 against the greenback and 0.8957 against the euro at
1:55 am ET.
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