Friday, 21 February 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Pound Stumbles After Weaker-Than-Expected U.K. Retail Sales Data
Friday, 17 January 2020 17:01 WIB | CURRENCIES |PoundsterlingSterling,pound

The British pound fell Friday after data showed U.K. retail sales falling by 0.6% in December versus the previous month, adding to a picture of a weak economy that may need interest rate cuts to stimulate growth.

In the three months to December 2019, sales fell 1% against the prior three months. The pound fell 0.2% to $1.3052, from a level of around $1.31 seen just ahead of the data.

Source : Marketwatch

RELATED NEWS
EUR/USD Jumps Above 1.08 as German Manufacturing PMI Beats with 47.8...
Friday, 21 February 2020 15:49 WIB

Markit's German Manufacturing PMI for February beat estimates with a score of 47.8 points, far above 44.8 expected and 45.3 recorded in January. The score remains below 50 “ reflecting ongoing albei...

USD/JPY struggles around 112.00 amid fresh risk-off, Japan data...
Friday, 21 February 2020 08:10 WIB

USD/JPY seesaws around 112.00 amid the initial minutes of the Tokyo open on Friday. The yen pair recently surged to the highest since April 2019 following the broad US dollar rally and weakness of the...

GBP/USD Holds Steady Above 1.2900 Mark Post-UK Retail Sales...
Thursday, 20 February 2020 17:15 WIB

The GBP/USD pair edged higher to fresh session tops, around the 1.2920-25 region post-UK macro data, albeit lacked any strong follow-through. According to the data released this Thursday, the UK mont...

Yen Near 9-Month Lows, Euro stays on the Back Foot...
Thursday, 20 February 2020 15:50 WIB

The safe haven yen was trading close to nine-month lows against the dollar on Thursday as risk appetite was underpinned by expectations that China will continue with steps to offset the economic impac...

AUD/USD drops following higher than expected Aussie Unemployment Rate...
Thursday, 20 February 2020 08:08 WIB

AUD/USD declines to 0.6678 after flashing the intra-day low of 0.6668 as Australia™s employment data disappoints Aussie traders on early Thursday. Australia™s January month employment data sugges...

LATEST NEWS
U.S. Business Gauge Posts First Contraction Since 2013 on Virus

U.S. business activity shrank in February for the first time since 2013 as the coronavirus hit supply chains and made firms hesitant to place orders, a warning sign that the outbreak is starting to dent the world™s largest economy. The...

Stocks Open Modestly Lower as Nasdaq Heads for Back-to-Back Losses

U.S. stocks extended their retreat from records on Friday as investors grappled with heightened fears around the economic damage from COVID-19, which has also lifted expectations for the Federal Reserve to cut rates later this year. The S&P...

Gold Hits New 7-Year High as Virus Prompts More Upgrades

Gold prices surged to fresh seven-year highs as portfolio investors flocked to haven assets as the coronavirus spread menacingly outside of China. The number of confirmed cases in South Korea leaped to over 200, putting investors on alert for...

POPULAR NEWS
Emas berjangka catat kenaikan beruntun sesi kelima
Thursday, 20 February 2020 01:49 WIB

Emas berjangka naik pada hari Rabu untuk sesi kelima berturut-turut, menandai penyelesaian lain pada level tertinggi sejak Maret 2013, dengan...

Gold futures marks highest settlement since March 2013
Wednesday, 19 February 2020 01:51 WIB

Gold futures rallied on Tuesday to log their highest finish since late March 2013, with analysts attributing the rise to expectations for central...

Gold futures mark highest settlement in 7 years
Friday, 21 February 2020 01:51 WIB

Gold futures climbed on Thursday for a sixth consecutive session to log their highest settlement since February 2013. "Coronavirus fears magnetized...

Gold Nears 7-Year Peak on Virus Economic Impact; Palladium Hits Record
Wednesday, 19 February 2020 19:55 WIB

Gold climbed towards a seven-year peak on Wednesday as concerns over the global economic impact of the coronavirus epidemic boosted safe-haven...