Sterling Hits 18-Month High as UK Consumer Spending Surprises The British pound strengthened against the dollar and euro on Friday, buoyed by better-than-expected UK retail sales data for August. This positive economic indicator, combined with steady inflation figures and the Bank of England’s cautious stance on interest rates, has contributed to sterling’s upward trend. The currency briefly touched its highest level against the dollar since March 2022, while also gaining ground against the euro. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Prices Surge on Geopolitical Tensions, Then Dip After Fed Comments READ MORE Global Gold Demand Hits Eight-Year High in Q1, Fueled by Investment and Central Banks READ MORE Global Business Grinds to Halt as CrowdStrike Update Triggers Massive IT Meltdown READ MORE Inflation Shifts American Dining Habits: Home Cooking is Back READ MORE How Much Gold and Silver is Needed for Financial Crises READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment