UK CPI softens in April, drops for the 1st time since September

The Office for National Statistics (ONS) said on Thursday, the UK’s consumer prices rose 0.3% in April y/y against a 0.5% increase booked in March. Markets had
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GBP/JPY sees 40-pips downward spike on poor UK CPI

Having peaked just shy of 159 handle in the last hour, the GBP/JPY pair met fresh supply and fell further to test 158.50 levels following the release of weaker-
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