Pound under pressure on soft inflation data

Next 24 hours: Pound under pressure on soft inflation data

It feels like today’s softer run of inflation data out of the UK has set the tone for the overall direction in currency markets. The Pound has come under intense pressure in the aftermath of the data which has forced a downward repricing of peak rates in the UK.

Global FX Insights Next 24 hours   LMAX Exchange  

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