Pound depreciates on unexpected drop in retail sales

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Sterling dropped the most in a month against the greenback after a report indicated U.K. retail sales dropped unexpectedly in August. The Pound weakened 0.5% to $1.6068 as of 10:08 a.m. in London, the most since August 22. The British currency slid 0.8% to 84.40 pence per Euro. The 10-year British government bonds lost 0.15 percentage point to 2.85%, after declining 2.83%, the lowest since September 3.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX 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.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
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.