Currency Forecasts

Category: Retail Sales


Pound Rises on Retail Sales data

Retail Sales

Retail Sales better than expected The Pound has recovered most of yesterday’s losses after stronger than expected Retail Sales number were released this morning. The markets had only been expecting a small rise of 0.2%, but the actual number came…

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Sterling up slightly after better than expected Retail Sales

Retail Sales

Good morning. We’ve just seen the latest UK Retail Sales numbers, which came in significantly above forecast at 1.6%. Markets only expected a gain of 0.7%, so the better result has helped the Pound gain slightly against the Euro. This…

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Retail sales give a timely boost to the pound

Sterling was given a needed boost this morning as retail sales figures were released ahead of forecast. Month on month data, although poor, was ahead of the 0.1% expected and came in at 0.3%. As a result sterling pushed through…

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Pound/Euro lower on Retail Sales and Wage Growth data

The last 24 hours have not been kind to Sterling. Firstly we had wage growth data yesterday showing that wages are rising at a rate of 2.1%. However, inflation is running at 3% so in real terms, incomes are being…

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Pound/Euro and Pound/Dollar Forecast 2017

Sterling has been given a boost this morning following the release of the latest Retail Sales figures. Markets had been expected a monthly  rise of 1% but the actual figure was more than double that, coming in at 2.3%. It’s…

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