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UK Retail Sales climb 0.3% MoM in September vs. -0.3% expected

  • The UK Retail Sales rose 0.3% MoM in September, a positive surprise.
  • Monthly core Retail Sales for the UK advanced 0.3% in September .
  • GBP/USD extends recovery toward 1.3050 after upbeat UK data.

The United Kingdom (UK) Retail Sales rose 0.3% over the month in September  after rising 1.0% in August, the latest data published by the Office for National Statistics (ONS) showed Friday. Markets expected a 0.3% decrease in the reported month.

United Kingdom Retail Sales (YoY) came in at 3.9%, above forecasts (3.2%) in September

United Kingdom Retail Sales (YoY) came in at 3.9%, above forecasts (3.2%) in September
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EUR/GBP extends downside to near 0.8300, UK Retail Sales jump 0.3% MoM in September

The EUR/GBP cross loses traction to around 0.8305 on Friday during the early European trading hours.
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