Pound surges to 15-month high against the dollar as US inflation cools
The bigger-than-expected fall to 3% in June highlighted the success of the Federal Reserve at getting a lid on price pressures.
Source: dailymail.co.uk
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U.S. dollar falls to over one-year low after CPI data
NEW YORK, July 12 (Xinhua) -- The U.S. dollar suffered substantial losses on Wednesday after the U.S. consumer price index (CPI) for June showed the rate of inflation slowing to the lowest level since 2021.
Source: thestar.com.my
U.S. dollar falls to over one-year low after CPI data - People's Daily Online
People shop at an Outlets in San Francisco Bay Area, California, the United States, July 12, 2023.
Source: en.people.cn
FTSE 100 Live: Stocks seen edging up, UK economy contracts in May
FTSE 100 climbs, up 15 points at 7,432 UK economy contracts in May but beats City forecasts Housebuilders weaken after cautious Barratt update, Rics survey...
Source: proactiveinvestors.co.uk
Pound up, dollar down as interest rate expectations diverge
Sterling extended its recent gains, hitting a 15-month high, as weaker-than-expected US inflation figures increased expectations that interest rates were...
Source: proactiveinvestors.co.uk