Sterling drops versus the common currency! The pound to euro interbank exchange rate fell by -1.25 cents last week, down to 1.12. The pound sank into the mud last week, first because UK retail sales unexpectedly declined by -0.4% in June, well below hopes for a +0.5% rise.

The pound to euro interbank exchange rate stuck close to 1.13-1.14 last week, as the EU may force UK prime minister Theresa May to revise her Brexit white paper.

Sterling hops, skips and jumps higher versus the common currency! The pound to euro interbank exchange rate rose +0.75 cents last week, up to 1.1450.

The pound tripped over last week, because UK economic data disappointed in April.

The pound played dead lions last week, chiefly because UK GDP rose by just +0.1% in Q1 2018, well below forecasts for +0.3%, and the lowest since Q4 2012.

The pound put its skates on last week, because UK retail sales climbed by +1.4% in March year-on-year, said the British Retail Consortium.

The pound climbed last week, chiefly because financial markets are confident that the UK and EU will agree a favourable Brexit trade pact.

The pound gained last week, because 2 members of the Bank of England's interest rate-setting committee unexpectedly voted to lift UK interest rates.

The pound came out swinging last week, first because UK Chancellor of The Exchequer Philip Hammond was upbeat about the UK economy, at his Spring Statement.

The pound shot up last week, chiefly because the UK economy beat expectations. To start with, the UK's gigantic services sector hit 54.5 in February, according to IHS Markit.