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News 2026-10-02 09:23 UTC

Sterling set for biggest weekly rise against euro

Sterling was on track for its biggest weekly rise against the euro in months due to concerns over the fiscal outlook of indebted euro area countries. However, the pound was set for its third straight weekly drop against the dollar.

News 2026-09-18 08:12 UTC

Sterling ticks up after UK retail sales beat expectations

LONDON, Sept 18 (Reuters) — The pound rose slightly on Friday after figures showed UK retail sales unexpectedly rose in August, continuing a string of recent upbeat data that has increased pressure on the Bank of England to hike interest rates. Retail sales volumes rose 0.5% from July, beating economists' forecasts in