Posts Tagged ‘UK Retail Sales’
Forex Fundamental Analysis – The Cable Holds 1.65 Level Versus Greenback Ahead of Retail Sales Report
Thursday, August 20th, 2009The Cable held on to the 1.65 level versus the Greenback after coming off the late NY-session high in overnight trading ahead of a report that is set to show Retail Sales grew for the second consecutive month in July. Switzerland’s Trade Balance and ZEW survey of investor confidence are also on tap.
Key Overnight Developments
• Australia Recalls Ambassador to China for ‘Urgent Meeting’
• RBA Sold A$705 Million into Currency Markets in July
• Euro, British Pound Yield Flat Result After Choppy Session (more…)
