Home » Currency Note » Currency Note » Currency Note GBP » GBP: Pound up as date set for non-essential retail reopening

The pound is up against the euro this morning, with optimism for businesses rising after Boris Johnson announced that non-essential retailers will reopen from mid-June. This comes after data on Friday showed retail sales to have dropped a further 16%, or 18% excluding fuel, in April compared to March.

Later this week, we will see the latest house price index, still expected to be in the positive year-on-year, but forecast to drop below zero month-on-month.

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