Pound Retreats Following U.K. CPI, PPI
May 17 2022 - 09:02PM
RTTF2
At 2.00 am ET Wednesday, the Office for National Statistics has
released UK consumer and producer prices for April. The pound
retreated against its major counterparts after the data.
The pound was trading at 161.16 against the yen, 1.2485 against
the franc, 0.8439 against the euro and 1.2409 against the greenback
around 2:02 am ET.
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