The pound euro (GBP\/EUR) exchange rate rises to a year-to-date high after a flat session yesterday.<\/p>\n
The pound is advancing as investors look to the BoE rate decision where the central bank is set to hike rates to 4.5%.<\/p>\n
BRC retail sales growth remains steady at 5.1% YoY in April, but this is not adjusted for inflation.<\/p>\n
The euro falls as recession fears rise following weaker than forecast eurozone consumer confidence and tumbling German industrial output.<\/p>\n
There is no high impacting eurozone economic data today. Investors will look towards speeches by ECB chief economist Philip Lane and and policymaker Isabel Schnabel.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro (GBP\/EUR) exchange rate rises to a year-to-date high after a flat session yesterday. The pound is advancing as investors look to the BoE rate decision where the central bank is set to hike rates to 4.5%. BRC retail sales growth remains steady at 5.1% YoY in April, but this is not adjusted […]<\/p>\n","protected":false},"author":163946598,"featured_media":4988,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,1394,2410],"class_list":["post-114386","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\n