XE Market Analysis: Sterling Falls as UK Economy Starts to Slow

OVERVIEW Eurozone private sector business activity rose at its quickest pace in nearly six years in February, as the composite PMI rose sharply to 56.0. Retail sales fell for a third straight month in January, rising to 1.2% year-on-year despite unemployment being at its lowest level since 2009. The U.S. service sector saw activity growth strengthen further last month, with the PMI rising to 57.6, its highest since October 2015.

Source: XE news feed
XE Market Analysis: Sterling Falls as UK Economy Starts to Slow