The pound euro exchange rate is slipping towards \u20ac1.16 after gains last week.<\/p>\n
The euro is supported by better-than-expected German trade data, as both imports and exports rose more than forecasted.<\/p>\n
However, gains in the euro are being limited by a fall in retail sales. Sales fell -0.3% MoM after rising 0.4% in October. Consumer confidence also ticked higher to -15, up from -15.1.<\/p>\n
The pound is driving lower amid a lack of fresh high-impacting data.<\/p>\n
The REC survey showed that the labour market improved slightly in December compared to November. UK unemployment data is due later this week.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro exchange rate is slipping towards \u20ac1.16 after gains last week. The euro is supported by better-than-expected German trade data, as both imports and exports rose more than forecasted. However, gains in the euro are being limited by a fall in retail sales. Sales fell -0.3% MoM after rising 0.4% in October. Consumer […]<\/p>\n","protected":false},"author":163946598,"featured_media":5587,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,2649,1394],"class_list":{"0":"post-115591","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp","9":"tag-eur","10":"tag-eur-gbp","11":"tag-gbp"},"acf":[],"yoast_head":"\n