Talking Points

Japanese Yen: Mixed Across the Board

Pound: Retail Spending Holds Flat in August

Euro: Trade Surplus Widens in July on Higher Exports
US Dollar: Housing Starts, Building Permits on Tap

The British pound advanced against the U.S. dollar for the second day but, the overnight rally was tempered as U.K. retail sales unexpectedly held flat in August, and the slump in private-sector spending paired with the rise in unemployment may drag on the exchange rate going forward as investors weigh the prospects for a sustainable recovery.

Click Here to View Full Report


Best regards,

DailyFX Research Team
research@dailyfx.com