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1.2%: British Pound remains subdued after UK Retail Sales beat forecasts
GBP/USD remains subdued for the third successive day, trading around 1.3190 during the early European hours on Friday. The British Pound (GBP) pares its daily losses against the US Dollar (USD) but remains in negative territory following the release of key economic data from the United Kingdom (UK).
Fxstreet
Fri, Jun 19
United Kingdom Retail Sales beat expectations in April: What 1.2% means for the British Pound
Retail Sales, a key measure of consumer spending, in the United Kingdom (UK) climbed 1.2% month-over-month (MoM) in May after falling by a revised 1.0% in April, the latest data published by the Office for National Statistics (ONS) showed on Friday.Fxstreet
Fri, Jun 19
UK Labour's Andy Burnham wins Makerfield by-election, paving way to challenge PM Starmer
Greater Manchester Mayor Andy Burnham could now challenge UK Prime Minister Keir Starmer for the leadership of the governing Labour Party and the country after winning a parliamentary seat in northern England on Friday, CNN reported on Friday.Fxstreet
Fri, Jun 19
BoJ’s Himino: Central bank likely to keep hiking rates based on economic, price, financial trends
Bank of Japan (BoJ) Deputy Governor Himino said on Friday that the Japanese central bank likely to keep hiking rates based on economic, price and financial trends. Himino added that currency moves may impact inflation expectations, core inflation, so we will keep monitoring developments closely.Fxstreet
Fri, Jun 19
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