GBP Pounded by Inflation Report |
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8/13/2008 5:30 am: EUR/$..1.4914 $/JPY..108.88 GBP/$..1.8837 $/CHF..1.0873 AUD/$..0.8715 $/CAD..1.0672 GBP Pounded by Inflation Report The greenback relinquished some of its recent gains against the majors, slipping to 108.39 against the yen and 1.4978 versus the euro. Nonetheless, the dollar continues to benefit from the sharp retreat in oil and commodities prices. In the coming session, traders will look ahead to retail sales for July, which are expected to fall by 0.1% reversing the 0.1%
Filed under: Fundamental
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