BOE's Haksel: April core inflation was higher than expected

  • Comments from Haksel
  • Officials didn't see rise in core inflation
  • Rise in UK used car prices is a 'puzzle', says it's hopefully a 'blip'

Cable is down 47 pips today to 1.2317 and is near a session low but not lower on these comments. The strong US dollar has sent it to the lowest since early April.

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