European Monetary Union HICP (YoY) below expectations (7.5%) in April: Actual (7.4%)

May 18, 2022

GBP/USD extends post-UK CPI decline, flirts with 1.2400 mark amid modest USD strength

The GBP/USD pair added to its heavy intraday losses and dropped to a fresh daily low, below the 1.2400 mark during the early part of the European sess

European Monetary Union HICP (YoY) below expectations (7.5%) in April: Actual (7.4%)

GBP/USD extends post-UK CPI decline, flirts with 1.2400 mark amid modest USD strength

European Monetary Union HICP (MoM) meets forecasts (0.6%) in April