After an unexpected increase in retail sales in the UK in September, the pound rose to its highest level against the euro since April 2022. EUR/GBP fell 0.3% to 0.8295, continuing the decline after the ECB meeting. The exchange rate has fallen 0.8% this week, which is expected to be the biggest weekly decline since December 2023.

Zhitongcaijing · 10/18 07:41
After an unexpected increase in retail sales in the UK in September, the pound rose to its highest level against the euro since April 2022. EUR/GBP fell 0.3% to 0.8295, continuing the decline after the ECB meeting. The exchange rate has fallen 0.8% this week, which is expected to be the biggest weekly decline since December 2023.