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United Kingdom PPI Core Output (YoY) n.s.a came in at 0.9%, above expectations (0.8%) in October

FXStreet.com (Barcelona)

GBP remains weaker following more dovish BoE QIR – BTMU

Lee Hardman, FX Analyst at the Bank of Tokyo Mitsubishi UFJ comments on the pound continuing to remain weak following the release of BoE’s QIR which suggests the postponement of the rake hike delay till late next year.
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United Kingdom Retail Price Index (YoY) in line with forecasts (2.3%) in October

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