UK Retail Sales drop 2.3% MoM in April vs. -0.4% expected

The UK Retail Sales came in at -2.3% MoM in April, a big miss. Core Retail Sales for the UK dropped 2.0% MoM in April. GBP/USD extends losses below 1.2700 after dismal UK data. The UKRetail Sales dropped 2.3% over the month in April vs. -0.4% expected and -0.2% in March, the latest data published by the Office for National Statistics showed Friday. The CoreRetail Sales, stripping the auto motor fuel sales, fell 2.0% MoM, compared to a 0.6% decline in March and the market forecast of -0.6%.

British Pound PRICE Today The table below shows the percentage change of British Pound against listed major currencies today. British Pound was the weakest against the Canadian Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.03% 0.03% 0.11% 0.03% 0.08% 0.07% 0.10% EUR -0.03% 0.02% 0.05% -0.02% 0.05% 0.04% 0.09% GBP -0.03% -0.02% 0.02% -0.04% 0.05% 0.02% 0.05% JPY -0.11% -0.05% -0.02% -0.06% -0.03% -0.03% -0.01% CAD -0.03% 0.02% 0.04% 0.06% 0.04% 0.04% 0.07% AUD -0.08% -0.05% -0.05% 0.03% -0.

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