GBP – The pound climbed to a one-week high versus the dollar, and a 21-month peak against the euro on Wednesday after data showed UK inflation surged to a 10-year high last month, backing expectations of an interest rate hike as early as next month.
CAD – The Canadian dollar weakened to its lowest level in nearly six weeks against the greenback on Wednesday, as oil prices fell and CPI showed inflation rising in line with expectations, contributed to a drop in Canadian bond yields.
CAD – The Canadian dollar weakened to its lowest level in nearly six weeks against the greenback on Wednesday, as oil prices fell and CPI showed inflation rising in line with expectations, contributed to a drop in Canadian bond yields.