Pound Retreats Ahead Of U.K. CPI, PPI
December 11 2017 - 11:26PM
RTTF2
At 4.30 am ET Tuesday, the Office for National Statistics
releases UK consumer and producer prices for November. Inflation is
forecast to remain unchanged at 3 percent.
Ahead of the data, the pound retreated from its early highs
against its major rivals.
The pound was worth 1.3345 against the greenback, 1.3206 against
the franc, 151.39 against the yen and 0.8829 against the euro as of
4:25 am ET.
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