The inflation report marathon continues; it was the UK’s turn this morning. Traditionally, the consumer price change figures attracted the most attention. For the month, they rose by 0.5% (slightly less than the 0.6% expected), and annual inflation fell from 10.1% to 9.9%, slightly weaker than the 10.0% expected. As previously with the US data, […]
The post Weakening UK Inflation Eases Pressure on the Pound appeared first on Action Forex.