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- The currency pair GBP/USD declines to 2-week lows due to the weaker-than-expected U.K. retail sale volumes
The currency pair GBP/USD declines to 2-week lows due to the weaker-than-expected U.K. retail sale volumes
The Confederation
of British Industry released the U.K. retail sale volumes. The U.K. retail sale
volumes dropped unexpectedly in May. The CBI retail sales volume balance was
+16 in May, from +30 in April. It means that retail sales volume climbed in May from last year.
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