The Swiss Franc rises for the third straight session, with USD/CHF down nearly 0.70% intraday. Switzerland’s Q1 GDP beat forecasts with 0.5% QoQ growth, while…
Expensive mortgage loans continue to hamper the housing market in the United States (US), recent data shows, signaling the increasing woes for a key sector…
AUD/JPY loses ground as the Japanese Yen appreciates following Tokyo’s stronger core inflation data. The JPY draws support from safe-haven demand after the US federal…
Retail Sales in Germany rose 2.3% over the year in April. EUR/USD keeps the red near 1.1350 following the mixed data. Retail Sales in Germany unexpectedly…
EUR/GBP remains subdued following mixed German Retail Sales data released on Friday. The Euro could regain its ground as trade tension eases between the United…
Australia’s Retail Sales, a measure of the country’s consumer spending, declined 0.1% MoM in April, compared to a rise of 0.3% in March, the official data…
The Australian Dollar holds losses following the disappointing economic data released on Friday. Australia’s Retail Sales fell 0.1% MoM in April, against the expectations of…
GBP/USD breaks above 1.3500 and trades near 1.3538, the highest level since February 2022. UK Retail Sales jump 1.2% MoM and 5% YoY in April,…
British Pound resumes rally as Retail Sales jump The British pound has posted gains on Friday. In the European session, GBP/USD is trading at 1.3484,…
The Pound Sterling performs strongly against the US Dollar on robust UK Retail Sales data for April. Month-on-month, UK Retail Sales grew strongly by 1.2%.…