Saturday, January 19, 2019
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british pound

fortucast financial timer - british pound

cash and june british pound

(5/22):  the pound fell for the first time in three days against the dollar after a government report showed u.k. inflation slowed last month more than economists forecast, bloomberg news reported. sterling weakened against most of its 16 major counterparts as the international monetary fund said the bank of england should resume monetary stimulus, or quantitative easing, to help the flagging economy.

the pound has strengthened 4.8 percent in the past three months, the best performer of the 10 developed-nation currencies tracked by bloomberg correlation-weighted indexes. gilts declined. u.k. consumer prices climbed 3 percent in april from a year earlier after a 3.5 percent gain in the 12 months ended in march, the office for national statistics said today in london. the rate is within the government’s boundaries for the first time since february 2010. u.k. consumer prices rose 3 percent in april from a year earlier, after increasing 3.5 percent in march, the office for national statistics said in london. economists surveyed by bloomberg news forecast a gain of 3.1 percent.

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