GBP/USD slipped despite strong UK retail sales as USD dominance
The pound sterling causes damage against the strong US dollars, yet it remains above 1.3300. A strong UK retail sales report failed to reduce the cable, which records a loss of 0.20% in the form of GBP/USD trades.
Surprisingly Pound Sterling Benefits on positive UK retail sales data
The pound sterling (GBP) jumps back against its leading colleagues on Friday after releasing positive UK retail sales data for March. The Office of the National Statistics (ONS) has reported that retail sales, a major measure of consumer expenditure, increased 0.4% per month, while economists estimated a decline of 0.4%. In February, consumer spending measures increased 0.7%, which was revised less than 1%. Read more …
UK Retail Sales Jump is expected to be 0.4% mother vs. 0.4% in March
The United Kingdom (UK) retail sales jumped at 0.4% month-month (MOM) in March after extending 0.7% in February, the latest data published by the office of National Statistics (ONS) showed on Friday. The markets reported in the markets were expected to fall by 0.4%. More …
