At 5.30 am ET Wednesday, the Bank of England is scheduled to publish its quarterly Inflation Report. Ahead of the report, the pound showed mixed trading against other major currencies. While the pound rose against the yen and the greenback, it fell against the franc and the euro.
At 5:25 am ET, the pound was worth 1.5896 against the greenback, 1.5019 against the franc, 127.03 against the yen and 0.8020 against the euro.
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Forex News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.