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Nov 20, 2024

Forex Today: Pound Sterling benefits from UK inflation data, markets await central bank speak

Here is what you need to know on Wednesday, November 20: Pound Sterling gathers strength against its peers early Wednesday, supported by the stronger-than-forecast inflation readings for October.

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Nov 20, 2024

Pound Sterling jumps as UK inflation accelerates more than expected

The Pound Sterling (GBP) gains sharply against its all major peers on Wednesday as data from the United Kingdom (UK) Office for National Statistics (ONS) showed inflation accelerated more than expected in October.

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