Most Asian Currencies Weaken Amid Rising Treasury Yields
0743 GMT – Sterling’s positive reaction to Wednesday’s higher-than-expected U.K. inflation data was brief given concerns that the Bank of England will struggle to contain price pressures due to factors outside its control, Commerzbank says. Inflation is “eroding the domestic purchasing power of…
#sterling #bankofengland #commerzbank #ulrichleuchtmann #gbpusd #eur