brc retail sales

Dollar down as risk appetite returns

FXstreet.com (Buenos Aires) - Renewed risk appetite after a small rebound in Wall Street that rose 0.6% helped Euro and Gbp to regain the upside late in the American session. Asian markets are expected to continue the ride after sharp losses yesterday, increasing dollar losses in the next hours. Macroeconomic data for today includes NZ retail sales 2245 GMT, Japan CGPI 2350 GMT, machinery orders same time; Korea import/export price indexes 0300 GMT, and Singapore retail sales 0500 GMT, HK

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

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UK Mar Retail Sales increase 0.3%, +1.5% YoY

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Forex: EUR/GBP falls close to 89.00 key level after good CBI data

FXstreet.com (Barcelona) - EUR/GBP has fallen close to 0.8900 level after a better than expected CBI retail sales data. Since the early European morning, EUR/GBP has lost around 60 pips from 0.8971, intra-day low, to 0.8910. Currently the pair is trading around 0.8910/20 after rising 0.07% so far today from opening price at 0.8909.CBI retail sales have posted a balance of +3 in April from -44 in March, which could indicate that the consumption slump has hit its bottom in

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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 Mixed After Upbeat Retail Sales Report; Ongoing Fears of Swine Flu

The pound sterling is mixed as financial markets continue to focus on the spread of the swine flu, and following a much better-than-expected retail sales report from the Confederation of British Industry on Tuesday.After holding an emergency meeting on Monday, the World Health Organization raised its pandemic threat level on the swine flu from three to level four, citing evidence of increased human-to-human transmission. Meanwhile, the Confederation of British Industry's retail sales balance rose to +3% in

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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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U.S. markets drop after poor retail sales: Dollar and Yen strengthen

FXstreet.com (Barcelona) ? Stock markets in the U.S. have opened on weak note on Wednesday weighed by financials and consumer stocks, as weaker then expected retail sales have dampened risk appetite and fuelled Dollar and Yen.Dow Jones Industrials Index drops 1.92%, while the Nasdaq Index declines 1.67% and the S&P Index trades 2.06% below its opening price.U.S retail sales have dropped in April by 0.4% worse than the 0.1% expected by market analysts as the current global economic crisis seems

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Forex: USD/CHF tests the 1.1090/1.1100 zone after Bad retail sales

FXstreet.com (Barcelona) - USD/CHF has risen around 50 pips from 1.1040 to reach 1.1090 after the bad April US retail sales data, currently the pair is trading around 1.1055/65 after rising 0.25% so far today from opening price action.The Mataf.net analyst team says: 1,1047. USD CHF is in an downtrend directed by 1H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend

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Forex: GBP/USD: The Pound rises to 1.4575 resistance after good CBI retail sales

FXstreet.com (Barcelona) ? The Pound?s decline experienced during Asian session has found support at 1.4515 low and the pair attempts to pick up, reaching to 1.4575 resistance level after UK CBI reported the highest retail sales volume in 15 months.CBI retail sales have posted a balance of +3 in April from -44 in March, which could indicate that the consumption slump has hit its bottom in the UK.. April?s sharp increase has been a positive surprise, as market consensus was

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