Created
: 2025.03.28
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
GBP: Retail sales surprise on the upside - ING
Breaking news
GBP: Retail sales surprise on the upside - ING
New
2025.03.28 19:43
2025.03.28 19:43
2025.03.28 19:43
UK retail sales surprise on the upside, ING's FX analyst Chris Turner notes.
US tariffs are a EUR/GBP negative
"Our UK economist, James Smith, writes: 'Another decent month for UK retail saw sales up 1%, having risen 1.4% last month (these are volume figures, so inflation adjusted)."
"It's unusual to have two such strong months in a row, given this is a volatile data set - though it was equally strange to see four consecutive falls through the final months of 2024, given real-wage growth is so strong in the UK (6% wage growth, 2-3% inflation). So I think what we're seeing is a catch-up in the data to the probable underlying trend."
"Sterling has strengthened a little further on today's retail sales figures. 0.8320 is clear support, below which it looks biased towards 0.8250. Next week will be dominated by the tariff story, and tariffs are EUR/GBP negative."
Last updated
: 2025.03.28
Related articles
USD/CAD Price Forecast: Extends winning streak amid caution ahead of Liberation Day
36 minutes agoAUD: RBA hold amid tariff noise - ING
37 minutes agoUSD: Waiting to be lifted by tariffs - ING
42 minutes agoGold hits fresh all-time high ahead of Trump's reciprocal tariff deadline
56 minutes agoUSD/JPY: A pullback is taking shape - Societe Generale
57 minutes agoPound Sterling consolidates against US Dollar as Trump's reciprocal tariffs take centre stage
2025.03.31 18:49
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
Oil prices are under pressure - ING
Oil prices opened lower this morning with ICE Brent extending its declines from last week, hovering around $73.5/bbl.
New
2025.03.31 19:25USD/CAD Price Forecast: Extends winning streak amid caution ahead of Liberation Day
The USD/CAD pair extends its winning streak for the third day on Monday.
New
2025.03.31 19:20AUD: RBA hold amid tariff noise - ING
The Reserve Bank of Australia announces rates at 0430 BST tomorrow and we expect a hold, in line with consensus and market pricing (less than 10% implied probability of a cut).
New
2025.03.31 19:19Copper continues its retreat- ING
Copper continues retreating from a nine-month high amid broader risk-off sentiment, ING's commodity analysts Warren Patterson and Ewa Manthey note.
New
2025.03.31 19:16USD: Waiting to be lifted by tariffs - ING
The US is due to announce a new historic round of tariffs on trading partners on Wednesday, which President Trump has now famously dubbed 'liberation day', ING's FX analysts Francesco Pesole notes.
New
2025.03.31 19:14Gold hits fresh all-time high ahead of Trump's reciprocal tariff deadline
Gold price (XAU/USD) shots higher at the start of the trading week and hovers around $3,120 at the time of writing on Monday.
New
2025.03.31 19:00USD/JPY: A pullback is taking shape - Societe Generale
USD/JPY rebound petered out near the confluence of the 50-DMA and the 200-DMA at 151.30/151.60, Societe Generale's FX analysts report.
New
2025.03.31 18:59Gold rises above $3,100 - ING
Gold rose above $3,100/oz for the first time to hit a fresh record high at the start of a new week, ahead of President Donald Trump's tariff announcement, beating its previous record high hit just last Friday, ING's commodity analysts Warren Patterson and Ewa Manthey note.
New
2025.03.31 18:54Pound Sterling consolidates against US Dollar as Trump's reciprocal tariffs take centre stage
The Pound Sterling (GBP) flattens against the US Dollar (USD) around 1.2940 in Monday's European session.
New
2025.03.31 18:49EUR: A bit expensive into tariff event - ING
EUR/USD at 1.084 days before the US is expected to announce harsh tariffs on the EU is a testament to the FX market's hyper forward-looking tendency, ING's FX analysts Francesco Pesole notes.
New
2025.03.31 18:37Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
