UK Retail Sales jump 0.3% MoM in May vs. -0.2% expected

  • The UK Retail Sales came in at 0.3% MoM in May, an upside surprise.
  • Core Retail Sales for the UK jumped 0.1% MoM in May.
  • GBP/USD defends 1.2700 on upbeat UK retail trade data.

developing story ...

NZD/USD looks set to ebb and flow with global moves until something notable happens in the region – ANZ

Supersized hikes in the UK and Norway alongside hawkish Powell testimony saw the USD rebound. Economists at ANZ Bank discuss NZD/USD outlook. More tig
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USD Index resumes the upside to the 102.70 region

The greenback, when tracked by the USD Index (DXY), gathers extra pace and revisits the vicinity of weekly peaks near 102.70. USD Index looks at data,
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