Sterling cautious before UK Parliamentary vote on Brexit

Economies.com
2019-01-15 20:34PM UTC

Sterling dipped in American trade off November 15 highs against the dollar following earlier US data and ahead of the UK Parliamentary vote on Brexit. 

 

As of 04:09 GMT, GBP/USD dipped 0.42% to 1.2801, with a session-low at 1.2781, and a high at 1.2916. 

 

Earlier US data showed producer prices fell 0.2% m/m in December, missing estimates of a 0.1% dip, and compared to November's 0.1% increase. 

 

Core prices, excluding food and fuel, fell 0.1%, missing estimates of a 0.2% increase, and compared to November's 0.3% increase. 

 

The Empire State Manufacturing Index fell to 3.9 in January, missing estimates of 11.6, and compared to December's 10.9. 

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