Pound Drops Ahead Of U.K. CPI, PPI
January 14 2020 - 10:25PM
RTTF2
At 4.30 am ET Wednesday, the Office for National Statistics
releases UK consumer and producer prices for December. Consumer
price inflation is expected to remain unchanged at 1.5 percent.
Ahead of these data, the pound fell against its major rivals.
The pound was worth 1.3015 against the greenback, 143.05 against
the yen, 1.2570 against the franc and 0.8552 against the euro as of
4:25 am ET.
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