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.”
Pound US dollar exchange rate: GBP/USD steady UK retail sales fall unexpectedly in October Pound US dollar exchange rate: GBP/USD steady UK retail sales fall unexpectedly in October Reviewed by Unknown on 14 November Rating: 5

No comments:

Trending News


About Business News And Directory

A Business news and business directory site offers access to the latest business news. It's also a business article directory publishing useful quality business articles.

Business news and business directory provides it's readers with the latest business news, articles and opinions on a wide variety of business and finance areas as well as politics. Learn more here »



Swissgolden United Kingdom Swissgolden Marketing Program
Powered by Blogger.