FX

Sterling breaches $1.40 amid vaccine optimism, despite weak retail sales

By Michele Maatouk

Date: Friday 19 Feb 2021

(Sharecast News) - Sterling breached the $1.40 level on Friday for the first time since April 2018, despite the release of disappointing UK retail sales data, with analysts pointing to optimism over the vaccine rollout.
Neil Wilson, chief market analyst at Markets.com, said: "After some likely profit taking around this region...

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