Britain’s Consumer Price Index

Friday, 8 July 2011 12:09

British Producer Price Index input in June rose from the expected 0.1% to 0.4%.  Sterling took well to the news as GBP/USD is climbing upwards.  Pound/Dollar jumped to 1.5984 after the release from 1.5960.  Then the pair fell back to it's original prior-news trading at 1.5961.