February 21, 2025 – Written by Frank Davies
STORY LINK Pound Jumps Against Euro and Dollar on UK Retail Sales Sterling Boost
The Pound posted gains against the Euro and US Dollar after the latest UK data releases with strong retail sales and tax receipts data for January easing unease over the economy.
The Pound to Dollar exchange rate (GBP/USD) hit fresh 2-month highs just below 1.2680 while the Pound to Euro exchange rate (GBP/EUR) held firm around 1.2075.
UK retail sales volumes jumped 1.7% for January after…
Read More