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Tuesday, October 17, 2017

[FOREX NEWS] UK inflation hits 3% as expected – GBP/USD slides


Headline inflation comes at 3%, as expected. Core inflation also meets the early forecasts and stands at 2.7%. GBP/USD was moving upwards ahead of the publication and is now reversing these gains, all within the range. The UK was expected to report yet another rise in the annual level of inflation: from 2.9% in August [...]

The post UK inflation hits 3% as expected – GBP/USD slides appeared first on Forex Crunch.



via Forex Crunch

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