Monexnews-Sterling scored the worst weekly loss since June versus the Greenback after the United Kingdom retail sales data unexpectedly showed results that were worse than expected, adding to evidence the economic recovery goyahnya. Sales, including fuel, shrank 0.6% at the beginning of this year after a record decline of 0.3% in December, according to the Office for national statistics report in London. It's the end of an increase in expectations of a decline of 0.5% of the economists.
"The Economic Data disappoint investors again United Kingdom," said Ian Stannard, head of forex strategy in Europe at Morgan Stanley in London. "Sterling is still potentially continue weakening, which would be menghantarkannnya as one of the worst-performing currencies." (vid)
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