Friday, 19 January 2024

Pound Sterling Latest: UK Retail Sales Contracted in December, GBP/USD Drops

Retail sales volumes fell over the festive period just one month after Black Friday sales prompted a 1.4% rise in November. Full year volumes declined 2.8% - GBP/USD lower

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...