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UK Retail Sales Jump, USD/JPY Falls Amid Dovish FOMC Minutes

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 18, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    UK retail sales came in much better-than-expect in July in spite of Brexit doldrums. Retail sales excluding auto and fuels rose 5.4%y/y, beating median forecast and previous reading of 3.9% as the sales of textile, clothing and footwear increased 5.1%m/m, compared to a contraction of 1.6%m/m in June. The weak[​IMG]

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