Currency News and Forecast: Pound Euro Rallies to One-Year High on Upbeat UK Retail Data


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Currency News and Forecast: Pound Euro Rallies to One-Year High on Upbeat UK Retail Data By Matthew Andrews on March 29 2021 in Daily Update GBP Exchange Rates Buoyed by Upbeat Retail Sales Figures, Pound Euro Hits One-Year High The Pound rallied at the end of last week’s session as GBP investors welcomed a rebound in UK retail sales in February. The retail data helped push the Pound Euro exchange rate past €1.17 for the first time in a year. Data published by the Office for National Statistics reported domestic sales growth rebounded from –8.2% to 2.1% last month, supported...