The Office for National Statistics released UK CPI data that came in lower-than-expected of 1.9%.
"The downward movement partially reflected the response from energy providers to Ofgem's January energy price cap which came into effect from 1 January 2019," the ONS noted.
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| Historical Data Table: CPI y/y | Economic Calendar for 14.02.2019 | ||||||||
| Date | 19.09.2018 | 17.10.2018 | 14.11.2018 | 16.01.2019 | 13.02.2019 | 13:30 PM | US Core Retail Sales m/m | ||
| Actual | 2.70% | 2.40% | 2.40% | 2.10% | 1.80% | 13:30 PM | US PPI m/m | ||
| Forecast | 2.40% | 2.60% | 2.50% | 2.10% | 1.90% | 13:30 PM | US Retail Sales m/m |
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| Initial Reaction on Main Pairs | Open Position Proportions on 13.02.2019 | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| GBP/USD | 142.694 | 142.661 | -0.02% | GBP/USD | 51.17% | 48.83% | |||
| EUR/GBP | 0.87855 | 0.87885 | 0.03% | EUR/GBP | 67.62% | 32.38% | |||
| GBP/CAD | 1.70452 | 1.70433 | -0.01% | GBP/CAD | 42.94% | 57.06% | |||
| GBP/JPY | 142.694 | 142.661 | -0.02% | GBP/JPY | 47.35% | 52.65% | |||