The euro is unchanged despite rising inflation.<\/a> CPI accelerated to 2.4% YoY in December, up from 2.2%. Core CPI rose to 2.8% YoY up from 2.7% and ahead of forecasts.<\/p>\nThe euro is also supported amid doubts over Trump’s potential trade tariffs. A report in the Wahington Post claimed the Trump administration would apply less aggressive tariffs. Trump later denied this.<\/p>\n
The pound is supported despite mixed retail sales data from the British Retail Association (BRC). December sales rose 3.2% annually, but Q4 sales rose just 0.4%, which resulted in a fall in sales volume when higher prices are accounted for.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro (GBP\/EUR) exchange rate is holding steady for a second day. The euro is unchanged despite rising inflation. CPI accelerated to 2.4% YoY in December, up from 2.2%. Core CPI rose to 2.8% YoY up from 2.7% and ahead of forecasts. The euro is also supported amid doubts over Trump’s potential trade tariffs. […]<\/p>\n","protected":false},"author":163946598,"featured_media":4996,"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":["post-118742","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-eur-gbp","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\n
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