Greenback is Firm, While Soft Inflation Drags Sterling from Perch

Greenback is Firm, While Soft Inflation Drags Sterling from Perch

The US dollar is enjoying a firmer tone against major and most emerging market currencies. Sterling, which has become a market darling, hit an air pocket after softer than expected CPI.

UK headline CPI rose 0.1% in March, while the market expected a 0.3% increase. The recently introduced …

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