UK Inflation Data Sends Sterling Back to Multi Year Highs

July 16, 2014 at 8:47 AM

• Pick up in UK inflation brings interest rate rise closer to rally pound
• Dollar  holds gains after Yellen comments
• Euro under pressure as German ZEW figures shows fall in confidence
• New Zealand dollar falls over 3 cents against a rallying UK currency 

Tags: Dollar Fed Yellen New Zealand