07:00 AM GMT, United Kingdom - Retail Sales Data for November:
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Retail Sales YoY - Actual: 0.5% vs Forecast: 1%; Previous: 2.4%
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Retail Sales MoM - Actual: 0.2% vs Forecast: 0.5%; Previous: -0.7%
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Core Retail Sales YoY - Actual: 0.1% vs Forecast: 0.9%; Previous: 2.0%
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Core Retail Sales MoM - Actual: 0.3% vs Forecast: 0.5%; Previous: -0.9%
Retail sales data come in lower than expected. GBPUSD has declined before the print so there is little movement after the data release.
Daily summary: Optimism on Wall Street eases again🗽US Dollar drops from recent highs
BREAKING: US House Speaker Johnson signals risk of longer US government shutdown
BREAKING: Bank of England holds rates unchanged
💷 GBPUSD Gains Ahead of BoE Decision