Sterling emerged as the standout underperformer today, reacting notably to the latest CPI data from the UK. This data indicated a more rapid deceleration in both headline and core inflation rates than many had predicted. Such a shift in inflation dynamics is feeding into growing belief among market participants that BoE has reached the pinnacle […]
The post Sterling Falters Post-UK Inflation Report, Dollar Sees Momentary Respite appeared first on Action Forex.
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