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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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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
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Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Thursday.
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The U.S. dollar weakened against other major currencies in the Asian session on Thursday, after the Fed official left the door open for an interest rate cut next month.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Thursday.
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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Wednesday.
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U.S. Dollar Rises Ahead Of Fed's Powell Speech
The U.S. dollar strengthened against other major currencies in the European session on Friday, as traders expect speech by Fed Chair Jerome Powell at the Jackson Hole Symposium.
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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Friday.
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