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British Pound faces selling pressure even as UK CPI rise in line with estimates
The British Pound (GBP) retreats from its day’s high of around 209.45 against the Japanese Yen (JPY) to near 209.15 after the release of the United Kingdom (UK) Consumer Price Index (CPI) report of August.
United Kingdom Retail Price Index (YoY) below expectations (3.5%) in August: Actual (3.4%)
United Kingdom Retail Price Index (YoY) below expectations (3.5%) in August: Actual (3.4%)
United Kingdom Retail Price Index (MoM) remains at 0.6% in August
United Kingdom Retail Price Index (MoM) remains at 0.6% in August
United Kingdom Producer Price Index - Output (YoY) n.s.a registered at 3.7% above expectations (3.3%) in August
United Kingdom Producer Price Index - Output (YoY) n.s.a registered at 3.7% above expectations (3.3%) in August
United Kingdom Producer Price Index - Output (MoM) n.s.a registered at 0.7% above expectations (0.3%) in August
United Kingdom Producer Price Index - Output (MoM) n.s.a registered at 0.7% above expectations (0.3%) in August
United Kingdom Producer Price Index - Input (YoY) n.s.a registered at 6.1% above expectations (5.4%) in August
United Kingdom Producer Price Index - Input (YoY) n.s.a registered at 6.1% above expectations (5.4%) in August
United Kingdom Producer Price Index - Input (MoM) n.s.a below forecasts (0.4%) in August: Actual (0.3%)
United Kingdom Producer Price Index - Input (MoM) n.s.a below forecasts (0.4%) in August: Actual (0.3%)
United Kingdom PPI Core Output (YoY) n.s.a down to 2.7% in August from previous 2.8%
United Kingdom PPI Core Output (YoY) n.s.a down to 2.7% in August from previous 2.8%
United Kingdom PPI Core Output (MoM) n.s.a dipped from previous 0.6% to 0.3% in August
United Kingdom PPI Core Output (MoM) n.s.a dipped from previous 0.6% to 0.3% in August
United Kingdom Core Consumer Price Index (YoY) in line with forecasts (2.6%) in August
United Kingdom Core Consumer Price Index (YoY) in line with forecasts (2.6%) in August
United Kingdom Consumer Price Index (YoY) meets expectations (3.1%) in August
United Kingdom Consumer Price Index (YoY) meets expectations (3.1%) in August
United Kingdom Consumer Price Index (MoM) meets forecasts (0.5%) in August
United Kingdom Consumer Price Index (MoM) meets forecasts (0.5%) in August
Indonesian Rupiah gains as US Dollar weakens ahead of Fed rate decision
USD/IDR halts its four-day winning streak, trading around 17,740 during Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) declines ahead of the interest rate decision by the Federal Reserve (Fed).