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UK Retail Sales jump 1.2% MoM in April vs. 0.2% expected
World FX news
Breaking news
UK Retail Sales jump 1.2% MoM in April vs. 0.2% expected
New
2025.05.23 15:03
2025.05.23 15:03
2025.05.23 15:03
The United Kingdom (UK) Retail Sales jumped 1.2% month-over-month (MoM) in April after advancing 0.1% in March (revised from 0.4%), the latest data published by the Office for National Statistics (ONS) showed Friday. Markets expected a 0.2% rise in the reported month.
More to come...
Last updated
: 2025.05.23
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Mexican Peso holds gains as US House approval of Trump's Big, Beautiful Bill rattles markets
The Mexican Peso (MXN) is benefiting from the renewed US Dollar (USD) weakness on Friday, which is driven by concerns over the health of the United States (US) deficit after the US House of Representatives voted in favour of Trump's administration tax and spending bill.
New
2025.05.23 21:31US Dollar extends losses amid US debt concerns
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, dips further on Friday and erases the previous day's recovery, trading near 99.40 at the time of writing.
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2025.05.23 21:08US Pres. Trump: Recommending a straight 50% tariff on the European Union
In a post published on Truth Social on Friday, United States (US) President Donald Trump said that he is recommending a "straight 50% tariff" on imports from the European Union.
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2025.05.23 21:08Gold benefits from uncertain US budget situation - Commerzbank
The price of Gold has climbed back above the $3,300 per troy ounce mark in recent days, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen reports.
New
2025.05.23 20:58USD/JPY slips as Japan's core inflation hits two-year high
The Japanese Yen (JPY) continues to appreciate against the US Dollar (USD), extending gains after Japan's core consumer inflation surprised to the upside.
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2025.05.23 20:55GBP trades at 1.35, highest since 2022 - Scotiabank
Pound Sterling (GBP) gains are extending to near 1.35, leaving spot trading at its highest since early 2022, Scotiabank's Chief FX Strategist Shaun Osborne notes.
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2025.05.23 20:55Kazakhstan apparently produced far too much oil in May as well - Commerzbank
Kazakhstan is unlikely to have reduced its oil production in May, therefore once again significantly exceeding the agreed production volume.
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2025.05.23 20:52CAD gains set to extend - Scotiabank
Canadian Dollar (CAD) gains are lagging most of its peers on the day and over the week but a 1%-plus rise since Monday so far nevertheless puts the CAD on course to extend its rebound.
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2025.05.23 20:48Gold back above $3,300 as geopolitical jitters persist - Commerzbank
Gold is back in demand amid rising geopolitical uncertainty and a weakening US dollar, with prices climbing above $3,300 per ounce. However, upside potential may be limited as high prices weigh on physical demand in Asia, Commerzbank's commodity analyst Barbara Lambrecht notes.
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2025.05.23 20:46USD slips on weak sentiment - Scotiabank
With the US long weekend looming and no major data releases to deal with today, it's likely to be a fairly quiet session, Scotiabank's Chief FX Strategist Shaun Osborne notes.
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2025.05.23 20:33Disclaimer:
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