US pending home sales for July +0.9% versus -0.6% estimate

US pending home sales has back to back gains Prior month 0.3% revised to 0.4% Pending home sales for July 0.9% versus -0.6% estimate Pending home sales index 77.6 vs 76.8 last month. The Pending Home Sales Index (PHS), a leading indicator of housing activity, measures housing contract activity, and is based on signed real

AUD/USD extends gains toward 0.6450 on upbeat Australia Retail Sales

Share: AUD/USD trades higher around 0.6440 on the back of improved Australia’s Retail Sales. 10-year US bond yield declined to 4.18%; Greenback experiences losses. The stability of China’s economy could underpin the Aussie pair. AUD/USD continues its winning streak for the second consecutive day, trading around 0.6440 during the Asian session on Tuesday. The US

USD/CAD Retreats Following Lackluster US PMI, Mixed CAD Retail Sales Data

USD/CAD PRICE, CHARTS AND ANALYSIS: The Loonie Arrests Slump Largely Thanks to Weak US PMI Data. More Weakness Ahead for the Canadian Dollar? Core Retail Sales Data Paints a Worrying Picture for the Canadian Economy. Market Participants Are Now Pricing in a Chance of Steeper Rate Cuts in 2024 from the US Federal Reserve. To

June Canada retail sales +0.1% vs +0.0% expected

Prior was +0.2% June advance reading was 0.0% Ex autos -0.8% vs +0.3% expected (prior was 0.0%, revised to -0.3%) July advance reading +0.4% June year-over-year sales -0.6% vs +0.5% prior Sales ex autos y/y -3.3% Vehicle sales are the only thing holding up sales and I wonder how much of that is delayed orders

GBP/USD dips on sour sentiment, soft UK retail sales

Share: GBP/USD retreats from daily highs and losses for the second day in the week but remains set to finish the week on a higher note. Retail Sales in the United Kingdom (UK) were softer, but most data supports the Bank of England’s (BoE) case for a rate hike at its upcoming meeting. The GBP/USD

GBP Slides as UK Retail Sales Disappoints

GBP PRICE, CHARTS AND ANALYSIS: Free Forecast on the GBP Below, Download Now Recommended by Zain Vawda Get Your Free GBP Forecast Read More: EUR/GBP, GBP/USD Remain Rangebound as GBP Faces a Defining Week GBP struggled this morning as UK retail sales disappointed in the face of a rainy and wet month of July. GBPUSD