GBP/JPY rebounding in broad-market recovery despite UK Retail Sales miss

Share: The GBP/JPY has rebounded back towards 186.50 after sinking post-UK Retail Sales slide. Investor sentiment is seeing a bounce heading into the Friday close, dragging the GBP back up. With UK data continuing to miss the mark, downside risks remain for the Pound Sterling. The GBP/JPY plummeted below 185.50 in Friday trading

Dollar gains on retail sales data, Fed rate cut date unclear By Reuters

© Reuters. U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Herbert Lash NEW YORK (Reuters) -The dollar gained on Wednesday after still strong U.S. retail sales fell less than expected in October, a reminder for the market that a definitive date for the Federal Reserve to cut

Retail Sales Beat Pessimistic Estimate, USD Bid

US Retail Sales Turn Lower in October US retail sales broke its run of six consecutive positive prints in October, dropping 0.1% in the month of October compared to September. In addition, September’s number was revised higher from +0.7% to +0.9%. Customize and filter live economic data via our DailyFX economic calendar Recommended by Richard

Dollar steadies itself for now, US retail sales data eyed

If you compare it to the moves yesterday, it isn’t much. EUR/USD is down 0.3% to 1.0847 and GBP/USD down 0.3% to 1.2460 currently. The latter owes to softer UK inflation data earlier, though it also comes amid a push back after running against the 1.2500 mark and near the 100-day moving average (red line):

New Zealand data: Card retail sales -0.7% m/m in October (prior -0.8%)

Card retail sales -0.7% m/m in October Card retail sales -2.0% y/y New Zealand households have been slammed by the long cycle of interest rate hikes by the Reserve Bank of New Zealand. Which, of course, is a feature not a bug in the battle to drive down inflation. لینک منبع : هوشمند نیوز

UK data: October BRC like-for-like retail sales +2.6% y/y (vs. expected +2.4%)

British Retail Consortium data for October 2023. Like-for-like sales data strips out the impact of changes in store size. +2.6% y/y expected +2.4%, prior +2.8% Total sales +2.5% y/y (three month low) 2.7% in September “Many houseolds are also delaying their Christmas spending in the hopes they can grab a bargain in the upcoming Black

Hong Kong SAR Retail Sales dipped from previous 13.7% to 13% in September

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