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Pound Drops Following U.K. CPI, PPI
(RTTNews) - At 2.00 am ET Wednesday, the Office for National Statistics has published UK consumer and producer prices for May. The pound declined against its major counterparts after the data.
The pound was trading at 166.67 against the yen, 1.2224 against the greenback, 0.8586 against the euro and 1.1832 against the franc around 2:02 am ET.
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Yen Recovers Amid BoJ Rate Hike Speculation
The Japanese yen recovered from early lows against other major currencies in the European session on Tuesday, as traders speculate that the Bank of Japan (BoJ) will hike interest rates this year.
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Pound Slides On Weak U.K. Employment Data
The British pound weakened against other major currencies in the early European session on Tuesday, after the U.K. unemployment rate rose slightly in the three months to April period.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the early European session on Tuesday.
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Yen Rises After Japan GDP Data
The Japanese yen strengthened against other major currencies in the Asian session on Monday, after data showed that an upward revision to Japan's first quarter GDP supporting the interest rate hike expectations.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Monday.
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U.S. Dollar Higher After Strong Jobs Data
The U.S. dollar firmed against its major counterparts in the New York session on Friday, following the release of better-than-expected nonfarm payrolls report for May.
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Euro Mixed After ECB Announcement
The euro showed mixed trading against its major counterparts in the New York session on Thursday, after the European Central Bank lowered its key rates by 25 basis points, as expected.
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U.S. Dollar Falls Amid Weak Data, Trade Tensions
The U.S. dollar slipped against its major counterparts in the New York session on Wednesday, following the release of weaker than expected economic data, as well as rising trade tensions.
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