Cable rose due to strong UK retail sales

Note: This section contains information in English only.
Source: Bloomberg
The Sterling posted a strong increase against other major currencies after the release of the UK retail sales and manufacturing activity that advanced more than expected, pushing the Bank of England toward raising interest rates. The manufacturing output expanded 0.1% in December, following a 0.8% advancement a month earlier. Meanwhile, the Pound added 0.4% to 74.10 pence versus the Euro, reaching the previous month's high of 74.05. 

Actual Topics

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.