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Global market watch - 24th March 2017

GBP

The UK consumer powers on! February retail sales came in at +1.4%, a huge improvement on Januarys -0.5% figure and better than the estimated +0.4%. Some analysts had expected a weak figure, but yet again GBPUSD got a leg up from UK data and hit a four week high. It was reported that New York sold large amounts of sterling but commented that they were easily absorb... Read more

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Associated Foreign Exchange Ltd. Registered in England and Wales (registered no. 4848033) Registered Office: 4th Floor, 40 Strand, London, WC2N 5RW. Authorised by the Financial Conduct Authority (FCA) under the Payment Service Regulations 2009 for the provision of payment services (reference no. 502593), and authorised to provide its Products and Services in Ireland on a cross-border basis. Registered MSB with HM Revenue & Customs (registered no. 12159000).