06/19/08 - Daily Forex Market News from cmsfx.com
UK Retail Sales Surges, Boosting Pound; Accelerated Consumer Inflation in Canada Bolsters Loonie
Thursday, June 19th, 2008
The Pound rallied against its rivals after May retail sales was extraordinarily high. The Swiss Franc fell following its rather dovish interest rate statement while the Loonie gained as a result of inflation accelerating to 1% in May and 2.2% on the year.
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