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Figures from the Office of National Statistics revealed the economy limped forward during this period, expanding by only 0.2 per cent.
Sterling fell 0.3 per cent against the euro as the single European currency was 88.54p to the pound at 08:42 BST today (August 26th).
The dollar also fell against the euro today, declining to $1.4439 per euro at 09:47, making it a loss of 0.3 per cent overall for the week.
According to the Bloomberg Correlation-Weighted Currency Indexes, the pound weakened against nine major develop market peers yesterday.
Yesterday, the euro reached 88.25p to the pound, which marked a two-week high and was above the 55-day moving average, Reuters reported.
Individuals learning forex trading may be interested to learn that the gains made by the euro equated to approximately 0.25 per cent.
Posted by Greg Secker








