πThe Pound Canadian Dollar (GBP/CAD) exchange rate is struggling to find support. The Pound (GBP) is on the back foot this morning as UK inflation figures printed hotter-than-expected. Headline inflation caused particular concern as it hit a 40-year high. Inflation was expected to rise from 9.9% to 10% but instead climbed to 10.1%. Core inflation, which strips out volatile commodities like food and petrol prices climbed to 6.5% versus the 6.4% forecast.β . . #CAD #CanadianDollar #GBP #GreatBritishPound #BritishPound #Pound #canadainflation #ForeignExchange #CADrate2 #dailynewscanada #candadianmallu #mnm #malayalisnearmeapp #canadaupdate #canadanews
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