UK retail sales volumes fell 0.4% mom in September, worse than expectations of a 0.1% decline, reversing part of August’s upwardly revised 0.7% increase. Annual growth slowed from a revised 2.7% to 0.8%, also missing the 1.0% consensus. The previous monthly readings were revised higher, with August’s growth upgraded from 0.5% to 0.7% and July’s […]
The post UK Retail Sales Fall 0.4%, but Q3 Growth Holds Up Despite September Weakness appeared first on ActionForex.
EUR/JPY’s downtrend resumed by breaking through 176.19 support and focus is now on 175.26/41 zone. Strong rebound from there, followed by break of 177.95 resistance should indicate short term bottoming, and turn bias back to Read more…
EUR/GBP’s fall is in progress and intraday bias stays on the downside. Current down trend should target 100% projection of 0.8728 to 0.8453 from 0.8611 at 0.8336. On the upside, above 0.8400 minor resistance will Read more…
EUR/AUD’s down trend is resuming by breaking 1.5951 support. Intraday bias is back on the downside for 100% projection of 1.6334 to 1.5951 from 1.6264 at 1.5881. Firm break there will target 161.8% projection at Read more…