The pound-euro (GBP\/EUR) exchange rate is falling after gains yesterday.<\/p>\n
The euro rises despite the French government collapsing as Michel Barnier loses a vote of no-confidence, as was expected. The vote came after PM Barnier pushed a Budget through without Parliament’s approval.<\/p>\n
Eurozone retail sales fell -0.5% MoM after rising 0.5% in September. This was below forecasts of -0.3%.<\/p>\n
The pound is falling following a BoE survey showing that firms are expecting lower profit margins and will consider passing on rising costs following the Budget, which raised employers’ National insurance contributions.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound-euro (GBP\/EUR) exchange rate is falling after gains yesterday. The euro rises despite the French government collapsing as Michel Barnier loses a vote of no-confidence, as was expected. The vote came after PM Barnier pushed a Budget through without Parliament’s approval. Eurozone retail sales fell -0.5% MoM after rising 0.5% in September. This was […]<\/p>\n","protected":false},"author":163946598,"featured_media":4916,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,2649,1394,2410],"class_list":{"0":"post-118670","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","12":"tag-gbp-eur"},"acf":[],"yoast_head":"\n