Pound Gains More Than Predicted- 17 August, 2017

Coming out of a five day decline against common currency, the Pound gained versus the Euro, rising above expected retail sales for the month of July. The sale of goods went up by 0.3 percent in a rising demand for food when the prediction was a rise of 0.2 percent. Retail sales were affected by the lowest unemployment rates since 1975, while wages also rose.