The Great Britain pound slid versus the euro and the Japanese yen today after the macroeconomic data showed that industrial production slowed in July and house prices declined last month. Both results came out as an unpleasant surprise for market participants.(...)
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The Australian dollar rallied today, ending the three-day decline against the US dollar, after the report showed that the Australian economy grew more than expected in the second quarter.(...)
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The Great Britain pound fell today, dropping to the lowest level in almost two months against the US dollar, after the report showed that UK retail sales declined in August, spurring speculation that Britain’s central bank will be required to stimulate the nation’s economy.(...)
Read the rest of Pound Falls as Retail Sales Decline. More Stimulus Ahead? (133 words)