Sterling Falters Post-UK Inflation Report, Dollar Sees Momentary Respite

<p><img width="612" height="407" src="https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp192.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp192.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp192-600×399.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp192-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp192-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Sterling emerged as the standout underperformer today, reacting notably to the latest CPI data from the UK. This data indicated a more rapid deceleration in both headline and core inflation rates than many had predicted. Such a shift in inflation dynamics is feeding into growing belief among market participants that BoE has reached the pinnacle […]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/527536-sterling-falters-post-uk-inflation-report-dollar-sees-momentary-respite/">Sterling Falters Post-UK Inflation Report, Dollar Sees Momentary Respite</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>