Share this:

" />
Published On: Fri, Nov 15th, 2019

Pound US dollar exchange rate: GBP/USD steady UK retail sales fall unexpectedly in October

The pound US dollar exchange rate is holding steady today, with the pairing currently trading around $ 1.284 after UK retail sales growth came in at -0.1 percent in October due to pre-Brexit concerns and easing wage growth. Samuel Tombs, the Chief Economist at Pantheon Macroeconomics, was mixed in his assessment, saying: “Looking ahead, a modest slowdown in wage growth and stagnation in employment look set to dampen growth in spending.”
Daily Express :: City and Business Feed

About the Author

-

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>


Pound US dollar exchange rate: GBP/USD steady UK retail sales fall unexpectedly in October