UK Retail Sales drops 1.4% MoM in March vs. -0.3% expected

  • The UK Retail Sales came in at -1.4% MoM in March, a downside surprise.
  • Core Retail Sales for the UK dropped by 1.1% MoM in March.
  • The cable is testing lows just above 1.3000 on the disappointing UK data.

more to come ....

United Kingdom Retail Sales ex-Fuel (MoM) registered at -1.1%, below expectations (-0.4%) in March

United Kingdom Retail Sales ex-Fuel (MoM) registered at -1.1%, below expectations (-0.4%) in March
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AUD/USD risks further losses below 0.7325 – UOB

In opinion of FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang, AUD/USD could intensify the decline on a close below 0.7325. Key Quotes 24-h
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