GBP/EUR Exchange Rate Falls as Retail Sales Disappoint
The pair is currently trading at around 1.2381. Pound (GBP) Slips on Back of Data Releases The Pound lost its footing this morning as disappointing data releases scuppered Sterling movement. Although retail sales managed to edge to 0.3% in December from a -4.1% contraction in November, the figures missed the 1.2% forecast entirely. The figures worried investors as the growth, albeit small, showed that despite being out of lockdown shoppers couldn’t be drawn to spend money, sparking concern fo...
United Kingdom Chris Williamson John Cameron Boris Johnson International Money Exchange Rate Falls As Retail Sales
Source: currencynews.co.uk