Pound Mixed Ahead Of U.K. Inflation Data
October 20 2020 - 9:57PM
RTTF2
At 2.00 am ET Wednesday, the Office for National Statistics
releases UK consumer and producer prices and public sector net
borrowing data for September. Inflation is forecast to rise to 0.5
percent from 0.2 percent in August.
Ahead of the data, the pound traded mixed against its major
counterparts. While it rose against the greenback, it was steady
against the rest of major counterparts.
The pound was worth 1.2980 against the greenback, 0.9127 against
the euro, 1.1761 against the franc and 136.70 against the yen at
1:55 am ET.
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