Pound Declines Ahead Of U.K. CPI, PPI
November 12 2019 - 11:24PM
RTTF2
At 4.30 am ET Wednesday, the Office for National Statistics is
scheduled to release UK consumer and producer prices for October.
Inflation is forecast to ease slightly to 1.6 percent from 1.7
percent in September.
The pound dropped against its major counterparts ahead of these
data.
The pound was worth 139.97 against the yen, 1.2837 against the
greenback, 1.2708 against the franc and 0.8580 against the euro at
4:25 am ET.
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