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Pound Mixed Ahead Of UK Inflation Data
(RTTNews) - At 2.00 am ET Wednesday, the Office for National Statistics releases UK consumer and producer price figures for August. Consumer price inflation is seen rising to 10.2 percent from 10.1 percent in July.
Ahead of these data, the pound traded mixed against its major rivals. While it fell against the yen, it rose against the rest of major rivals.
The pound was worth 1.1508 against the greenback, 165.50 against the yen, 1.1508 against the franc and 0.8675 against the euro as of 1:55 am ET.
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U.S. Dollar Higher On Trade Hopes
The U.S. dollar appreciated against its major counterparts in the New York session on Friday, as investors focused on developments on the trade front.
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Yen Rises Amid Risk-off Mood, BoJ Rate Hike Bets
The Japanese yen strengthened against other major currencies in the Asian session on Friday amid risk-off mood, as traders digested the latest settlements on the trade tariff front and remained caution as they awaited more clarity on the developments in trade negotiations with other trade partners.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Friday.
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Commodity Currencies Slide, Yen Rises Amid Cautious Trade
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Thursday, as traders remain cautious amid continued uncertainty surrounding U.S. President Donald Trump's trade policies, despite reaching trade deals between the U.S. and China as well as the U.S. and the U.K.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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Swiss Franc Weakens Against Majors
The Swiss franc fell against its major counterparts in the New York session on Wednesday.
The franc edged down to 1.1182 against the pound and 0.8436 against the greenback, from an early high of 1.1117 and a 5-day high of 0.8324, respectively.
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Pound Falls Against U.S. Dollar, Euro
The pound dropped against the U.S. dollar and the euro in the New York session on Wednesday.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Wednesday.
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