Australia Retail Sales s.a. (MoM) came in at 0.1% disappointing expectations (0.4%) in March

FXStreet.com (Barcelona)

May 7, 2014

GBP/USD: Buying on pullbacks favoured - 2ndSkies

Chris Capre, Founder at 2ndSkies Forex, recommends that since the trend in GBP/USD is firmly up, buying on corrective pullbacks is still favoured, targeting 1.70.

Australian retail sales misses expectations

The Australian retail sales numbers for the month of March disappointed, rising by a mere 0.1% where market had expected a 0.4% increase.