Pound Mixed Ahead Of U.K. CPI, PPI
December 14 2021 - 8:58PM
RTTF2
At 2.00 am ET Wednesday, the Office for National Statistics
publishes UK consumer and producer prices for November. Inflation
is expected to ease to 3.9 percent from 4.2 percent in October.
Output price inflation is seen at 7.3 percent versus 8 percent in
the previous month.
Ahead of the data, the pound traded mixed against its major
counterparts. While it held steady against the euro, it advanced
against the rest of major rivals.
The pound was worth 1.3241 against the greenback, 150.50 against
the yen, 1.2230 against the franc and 0.8514 against the euro at
1:55 am ET.
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