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GBPUSD Falls on UK Inflation Drop Below Expectations, Pound Hits One-Week Low

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • GBPUSD weakened following a bigger-than-expected drop in UK inflation to 3.2%, below economists' forecasts, driving sterling down to a one-week low against the dollar.
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GBPUSD price history

1.35 +1.50% over the displayed period

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