Pound Falls After UK Inflation Data
(RTTNews) - At 2.00 am ET Wednesday, the Office for National Statistics has released UK consumer and producer price figures for August. The pound dropped against its major rivals after these data.
The pound was trading at 1.1503 against the greenback, 165.43 against the yen, 1.1054 against the franc and 0.8676 against the euro around 2:05 am ET.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Monday.
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U.S. Dollar Rises Against Most Majors
The U.S. dollar strengthened against most major currencies in the Asian session on Monday.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Monday.
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U.S. Dollar Firms As Strong Jobs Data Dampens Rate Cut Hopes
The U.S. dollar climbed against its most major counterparts in the New York session on Friday, as stronger-than-expected jobs data for December strengthened expectations that the Federal Reserve will hold rates steady for sometime.
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Swiss Franc Slides Against Majors
The Swiss franc weakened against other major currencies in the European session on Friday.
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Yen Falls As Traders Doubt On BoJ Rate Hike
The Japanese yen weakened against major currencies in the Asian session on Friday, as investors continued to have doubts about whether the Bank of Japan (BoJ) would likely raise interest rates once more.
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Yen Falls Against Majors
The Japanese yen weakened against major currencies in the Asian session on Friday.
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Pound Slides As U.K. Borrowing Costs Soar
The British pound weakened against other major currencies in the European session on Thursday, on worries about the rising borrowing costs in the U.K. and the stagflation threat.
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