April 21, 2023 – Written by John Cameron
STORY LINK Pound Euro (GBP/EUR) Exchange Rate Falls amid Sharp Retail Sales Drop
Pound Euro (GBP/EUR) Exchange Rate Falls amid Sharp Retail Sales Drop
The Pound Euro (GBP/EUR) exchange rate weakened on Friday, as a sharp drop in UK retail sales weighed on GBP investors.
At the time of writing, GBP/EUR traded at around €1.1304, a decline of roughly 0.4% from Friday’s opening rates.
Pound (GBP) Mixed amid Sharp Retail Sales Drop
The Pound (GBP) endured mixed trade during Friday’s session, following a sharp drop in UK retail sales data.
Retail sales over March’s period dropped by 0.9%, significantly worse than…
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