Pound steady on Inflation Data

28 July, 2011

CurrencyIndex

This morning’s UK inflation data was slightly lower than expected – but close to analysts’ expectations, so there has been no major movement for the Pound.

Transferring money in Euros and Dollars is slightly cheaper than yesterday, as a surge from the Pound in early trading has been sustained.

Rates for the US Dollar are now the best they have been all year.