Euro Pound (EUR/GBP) Exchange Rate Falls as Eurozone Retail Sales Fall in February | Euro Exchange Rate News
The Euro Pound (EUR/GBP) exchange rate dipped today, with the pairing currently fluctuating around £0.86. The EUR/GBP exchange rate suffered today following the release of the latest Eurozone Retail Sales data for February. The figure fell by -2.9%, slightly above forecasts. Bert Colijn, the senior economist for the Eurozone at ING, explains: ‘The February increase in Eurozone retail sales was seen in most countries but driven by boosts thanks to easing relief measures. However, they are sti...
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Source: euroexchangeratenews.co.uk