Pound Mixed Ahead Of U.K. CPI, PPI
April 12 2022 - 9:57PM
RTTF2
At 2.00 am ET Wednesday, the Office for National Statistics
releases UK consumer and producer prices for March. Consumer price
inflation is forecast to rise to 6.7 percent from 6.2 percent in
February.
Ahead of the data, the pound traded mixed against its major
counterparts. While it fell against the euro, it held steady
against the rest of major counterparts.
The pound was worth 163.42 against the yen, 1.2130 against the
franc, 0.8332 against the euro and 1.3010 against the greenback at
1:55 am ET.
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