Pound Mixed Ahead Of U.K. CPI, PPI
March 22 2022 - 10:56PM
RTTF2
At 3.00 am ET Wednesday, the Office for National Statistics
releases UK consumer and producer prices for February. Consumer
price inflation is forecast to rise to 5.9 percent from 5.5 percent
in January.
Ahead of the data, the pound traded mixed against its major
counterparts. While it rose against the franc, it was steady
against the rest of major rivals.
The pound was worth 160.85 against the yen, 1.3276 against the
greenback, 0.8310 against the euro and 1.2410 against the franc at
2:55 am ET.
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