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United Kingdom Retail Sales (MoM): -0.6% in Jan; -6% (YoY)

Forex: USD/CHF rebounds off lows to trade at 0.9226/27

The USD/CHF rebounded off its session lows at 0.9201, after threatening the 0.9200 level during European trading. The pair is not back on track and continuing its advance, despite already trading above its 20 and 50-day SMA. At the time of writing the cross has settled in the region of 0.9226/27.
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United Kingdom Retail Sales ex-Fuel (MoM): -0.5% in Jan and (YoY): 0.2%

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