Mitrade_official

UK retail sales rebounded in February

FX:GBPUSD   British Pound / U.S. Dollar
After two consecutive months of decline, UK retail sales recorded a 0.5% month-on-month increase, outperforming Mitrade's estimates of -0.3%. GBP/USD then surged 42 pips to 1.2035.

EUR/USD increased 26 pips to 1.0694, and AUD/USD moved up 3 pips to 0.6879. USD/CAD rose 14 pips to 1.3470, and USD/JPY added 25 pips to 134.16.

The US and Canadian markets are closed today, while last Friday, only the Dow ended higher at 33,826 with a 129-point gain (+0.39%). The S&P 500 slid 11 points (-0.28%) to 4,079, and the Nasdaq 100 lost 84 points (-0.68%) to 12,358.

Spot gold gained more than $6 to $1,843 an ounce, and U.S. WTI crude futures slid $2 to $76.55 a barrel. After meeting resistance at $25,000, Bitcoin was last traded at $24,173.0. Ethereum is currently higher at $1,667.49.

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