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Canada Retail Sales increase 0.3% in Mar; ex autos, 0.2% down

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Forex: GBP/USD falls to test 1.5135 support after bad US retail sales data

FXstreet.com (Barcelona) - Cable has fallen around 65 pips in the first minutes after the unexpectedly decline in April US retail sales. The pair went down from 1.5160 to reach 1.5095, intra-day low. Currently the pair is trading around 1.5120/30 after falling 1.10% so far today from opening price.Retail and food sales have declined 0.4% in April, weaker than the 0.1% increase forecasted by market analysts, according to data released by the U.S. Commerce Department.The Mataf.net analyst team says: 1,5144.

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Sterling Slides After Weak CBI Report

The pound sterling is weaker on Wednesday in the aftermath of a larger-than-expected decline in the Confederation of British Industry's retail sales report for February.According to the CBI, 44% of UK retailers reported that sales had fallen in the three months to March. Economists had expected a reading of -35% after the balance had improved to -25% in February from -47%.The figure in March reflects the 63% of survey respondents who reported falling retail sales compared to

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Germany Retail Sales decrease 1% in Mar; 1.5% down on year

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Forex: EUR/USD: Euro drops to 1.3570 intra-day low after weak U.S. retail sales

FXstreet.com (Barcelona) ? The Euro decline from 1.3720 high has extended to a fresh intra-day low at 1.3570 moments after U.S. retail sales were released, right above 1.3555/65 support level, the Euro has recovered partially afterwards reaching back above 1.3600.Immediate support lies at the mentioned 13555/65 area, and below there, 1.3520 and 1.3500. Resistance levels are 1.3660 intra-day low and 1.3735 March 19 high; above here 1.3088 (Jan 8 high).According to Peter Rosentreich, technical analyst at ACM - Advanced Currency

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EU Mar Retail Sales down a 0.6%, -4.2% YoY

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Swiss Mar Adjusted Real Retail Sales rise 1.2%

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Canada Retail Sales down a 0.2% in Feb from 1.8%, core rise 0.6%

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Forex: USD/CAD falls 0.45% today to test 1.2330 ahead of retail sales

FXstreet.com (Barcelona) - USD/CAD has fallen 40 pips last hour, and 0.45% so far today from opening price at 1.2392, to test the 1.2330 support ahead the Canadian retail sales data. Currently the pair is trading around 1.2350/60.Retail sales in Canada is expected to fall 0.3% between January and February as weaken credit conditions and labor market are pressuring households. Last month, Retails sales posted 1.9% increases from December. Excluding autos, Retail sales expectations are a 0.2% increases between January

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Canadian Dollar Loses Ground Following Retail Sales

The Canadian dollar is giving up most of its gains despite stronger-than-expected retail sales for February.Canadian retail sales excluding autos rose 0.6% compared to the previous month, Statistics Canada said. Economists had been expecting a 0.2% rise. Headline retail sales including autos rose 0.2% in the month to C$33.7 billion, against expectations for a 0.3% drop.Although the data is better-than-expected, most of the day's focus is on the Bank of Canada's Monetary Policy Report, which will be

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