The Pound increases following inflation figures from the United Kingdom

[RTFX-Trading]

The Pound increases following inflation figures from the United Kingdom

The consumer prices index in the United Kingdom remained stable in July, as did retail prices for the month, while retail prices year to year were up 1.8%.

This data is better than expected; the Sterling was up 0.38% against its main rivals, to 1.6430 against the US Dollar, 1.1643 against the Euro and 1.7712 against the Franc. Investors’ found renewed appetite for risk, as the Pound against the Japanese Yen is rising sharply by 1.25% to 156.43.



Nicolas Longchamp
RTFX Ltd
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