Tag Archives: uk retail sales

Focus On Swiss Franc (CHF) As SNB Reacts Against Slowdown in EU

Posted on June 17, 2010 by

Despite yesterday’s positive UK labour market data, general conditions remain weak and consumers still face a number of headwinds including pending fiscal tightening. As such, we expect retail sales to have risen by a modest 0.3% in May and excluding … Continue reading →

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British Pound to Decline on Soft Data Ahead of Budget

Posted on June 14, 2010 by

Fundamental Forecast for British Pound is Bearish (overall to get weaker). UK Retail Sales Rose on Warm Weather and Discounts, Says BRC. Trade Deficit Unexpectedly Widens as Exports Falter in April. British Pound Looks Past Bank of England Interest Rate … Continue reading →

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US Dollar (USD) & Japanese Yen (JPY) Has Declined Against Most Major Currencies

Posted on June 8, 2010 by

In a move that would smack of Hungary’s warning this past Friday, Prime Minister David Cameron suggested that the United Kingdom’s finances were in worse shape than expected owing to the previous government’s mismanagement. In reality, this is likely a political push … Continue reading →

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