Pound Mixed Ahead Of U.K. CPI, PPI

RTTNews | 1089 dias atrás
Pound Mixed Ahead Of U.K. CPI, PPI

(RTTNews) - At 2.00 am ET Wednesday, the Office for National Statistics releases UK consumer and producer prices for May. Consumer price inflation is forecast to rise to 9.1 percent in May from 9.0 percent in April. Factory gate inflation is seen at 14.7 percent versus 14.0 percent in April.

Ahead of the data, the pound traded mixed against its major rivals. While it fell against the greenback, it held steady against the rest of major rivals.

The pound was worth 166.64 against the yen, 1.2226 against the greenback, 0.8578 against the euro and 1.1840 against the franc at 1:55 am ET.

read more
Antipodean Currencies Slide Amid Risk-off Mood; Safe-haven CHF, JPY Rises

Antipodean Currencies Slide Amid Risk-off Mood; Safe-haven CHF, JPY Rises

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, amid heightening geopolitical tensions in the Middle East region after Israel launched a preemptive strike against Iran in a major escalation of the regional conflict. U.S. officials confirmed that the U.S. had no involvement or role in the operation. Tensions between the U.S. and Iran are also rising over the latter's nuclear developments.
RTTNews | 2 dias atrás
Yen Rises Against Most Majors

Yen Rises Against Most Majors

The Japanese yen strengthened against most major currencies in the Asian session on Friday.
RTTNews | 2 dias atrás
U.S. Dollar Weakens After Soft PPI Data

U.S. Dollar Weakens After Soft PPI Data

The U.S. dollar dropped against its major counterparts in the New York session on Thursday, as soft producer inflation data for May raised hopes of a rate cut by the Federal Reserve.
RTTNews | 3 dias atrás
Pound Slides On Weak U.K. GDP Data

Pound Slides On Weak U.K. GDP Data

The British pound weakened against other major currencies in the European session on Thursday, as U.K. economy shrank more than expected in April largely reflecting a fall in services output.
RTTNews | 3 dias atrás
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Thursday.
RTTNews | 3 dias atrás
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 3 dias atrás