Currency Forecasts

Category: Retail Sales


Sterling up slightly after better than expected 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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Pound falls further on poor Retail Sales figures

The Pound has fallen against the Euro and US Dollar overnight, as figures showed that Retail Sales were much lower than expected. It’s a further sign that due to rising inflation and rising prices caused by a weaker Pound, consumer…

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