Pound Falls Ahead Of U.K. CPI, PPI
October 16 2019 - 12:27AM
RTTF2
At 4.30 am ET Wednesday, the Office for National Statistics
releases UK inflation and producer prices for September. Inflation
is expected to rise slightly to 1.8 percent from 1.7 percent in
August.
Ahead of these data, the pound dropped against its major
counterparts.
The pound was worth 138.36 against the yen, 1.2700 against the
franc, 1.2734 against the greenback and 0.8663 against the euro at
4:25 am ET.
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