Pound Euro (GBP/EUR) Exchange Rate Subdued despite Underwhelming Mid-Tier UK Data

Pound Euro (GBP/EUR) Exchange Rate Subdued despite Underwhelming Mid-Tier UK Data

December 4, 2024 – Written by John Cameron

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The Pound Euro (GBP/EUR) exchange rate treaded water on Tuesday following the publication of some mid-tier UK data, in the form of the latest BRC retail sales monitor.

The Pound (GBP) maintained its ground against most of its counter currencies on Tuesday, despite a lacklustre economic data release.

The UK’s most recent BRC retail sales monitor significantly missed…
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