UK: Annual Retail Sales rise 2.2% in June

FXstreet.com (Barcelona) - National Statistics informed on Thursday that year-over-year UK Retail Sales increased 2.2% in June, compared with the 2.1% rise in May and above forecasts of +1.7%.

On a monthly basis UK Retail Sales rose 0.2% in June, after growing 2.1% in May, as projected.

Annual Retail Sales excluding Fuel increased 2.1%, down from the 2.3% rise but above market consensus of 1.6% growth. Month-over-month Retail Sales excluding Fuel edged up 0.2%, following a 2.1% increase, as expected.

GBP/USD retakes 1.5200 on better sales

Positive results from UK retailers during June boosted the sterling, lifting the GBP/USD to levels beyond 1.5200....
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