Inflation on target
28 July, 2011
CurrencyIndex
This morning’s key inflation data has come out exactly as analysts expected – so there has been little effect on the Pound.
Euro exchange rates are now back up in the €1.16s [mid-market level] and the rate for sending money to the USA has recovered above $1.63. This afternoon sees 6 important news releases in the USA, at 1.30pm.
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