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        <Name>Retail Sales Help UK Pound in Currency Trading</Name>
        <Summary>Sterling gains in forex trading on the currency market</Summary>
        <Description>&lt;font size="2"&gt;&lt;span style="font-family: verdana,arial,helvetica,sans-serif;"&gt;The &lt;a href="http://www.bloomberg.com/apps/news?pid=20601083&amp;sid=aBXZOOy2rOEk&amp;refer=currency" target="_blank" title="UK pound currency trading, currency trading FX market, retail sales data, sterling forex trading, forex trading currency market, UK pound FX trading, FX trading"&gt;UK pound is gaining in currency trading&lt;/a&gt; on the FX market this morning. &lt;a href="http://www.fxstreet.com/fundamental/economic-indicators/uk-very-strong-retail-sales/2008-06-19.html" target="_blank" title="UK pound currency trading, currency trading FX market, retail sales data, sterling forex trading, forex trading currency market, UK pound FX trading, FX trading"&gt;Retail sales data&lt;/a&gt; has come in quite strong, and this is helping the sterling in forex trading on the currency market.&lt;/span&gt;&lt;br style="font-family: verdana,arial,helvetica,sans-serif;" /&gt;&lt;br style="font-family: verdana,arial,helvetica,sans-serif;" /&gt;&lt;span style="font-family: verdana,arial,helvetica,sans-serif;"&gt;Indeed, the UK pound is getting this FX trading boost in large part thanks to the complete surpise of the data. Retail sales data was not expected to come in very strong, given the slowing nature of the UK economy.&lt;/span&gt;&lt;br style="font-family: verdana,arial,helvetica,sans-serif;" /&gt;&lt;br style="font-family: verdana,arial,helvetica,sans-serif;" /&gt;&lt;span style="font-family: verdana,arial,helvetica,sans-serif;"&gt;However, due to rising inflation and a slowing economy, it is uncertain how long this bump to the sterling in forex trading will last.&lt;/span&gt;&lt;/font&gt;&lt;br /&gt;</Description>
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