CurrencyIndex.co.uk

Foreign Currency Exchange Specialists

Tuesday 12 April 2011

Inflation falls - and takes Pound with it

The UK's headline inflation rate has fallen from 4.4% to 4% - making interest rate rises less likely and causing losses for sterling in FX markets.

The Pound has lost around a cent against both the Euro and US Dollar.

Tomorrow we have unemployment figures at 9.30am.

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