United Kingdom: upbeat retail sales data

Market news

20 November 2014

United Kingdom: upbeat retail sales data

The British pound slightly recovered against the U.S. dollar after upbeat U.K. retail sales data. Retail sales MoM improved by +0.8% beating forecasts by +0.5%, on a yearly basis data showed an increase to +4.3%, above forecasts for a gain of +3.8%. But the greenback remained broadly supported after the minutes of the Fed's October meeting.

GPB/USD: the pound recouped losses against the dollar after the data

Press Review: Yellen Gets That Sinking Feeling Greenspan Once Knew

United Kingdom: Retail Sales (YoY) , October +4.3% (forecast +3.8%)

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.