After hitting the 10-month low yesterday, the British currency continues sliding.
Expectations that the Bank of England will tighten the monetary policy are weakening with every passing day. In addition to economic reports from the UK, showing that the wages growth slowed down and the inflation remained unchanged, another portion of downbeat news was published today. Investors learnt that the retail sales volume decreased by 0.5% in June while analysts predicted a rise of 0.1%.
On a yearly basis the retail sales activity weakened to 2.9% after a robust growth in the previous reporting period. Analysts expected the sales to increase by 3.5%. However, some experts soothe worries of market participants, saying that this slowdown is seasonally adjusted.
Nonetheless, traders preferred to sell the British currency, opting for the US dollar. The pound-dollar pair declined below the psychological level of 1.3000. Investors bear in mind optimism and determination of the US monetary authorities.
The same sentiment prevails on the euro-dollar pair. The most popular trading instrument on Forex plunged below the level of 1.1600.
Neither the United States, nor the Eurozone and the UK will publish any important macroeconomic statistics, so the euro-dollar and the pound-dollar pairs are likely to end this trading week near the current levels.
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April fool’s day If there are hopeless fools, then there should also be fools, which give hope.
As experience shows, its easier to fool somebody on a regular day, rather than on April 1st.
Question: can a joke, played on April 1st, become a present for the New Year? Answer: yes, as theres exactly 9 months period.
Valentines Day The best thing of being my own date for Valentines Day is knowing Im guaranteed to score.
Christmas gift Dear Santa, Please do not leave my gift under the Christmas tree. Drive it straight into the garage.
Christmas tree - I left my girlfriend a Christmas gift under the Christmas tree. - Is she happy? -Not yet, still looking for it. The forest is large, lots of trees.
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Adult jokes - in a bus Conversation in a bus: - You know, yesterday in a bus your wife told me such a great joke that I almost fell out of the bed.
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Daily life jokes - Boy, do you pray before you eat? - No, why should I - my mom is a good cook.
Jokes about dating - magazine The announcement in a magazine: in the next issue we will be writing about to make your boyfriend a little nervous with the help of a marker and a pregnancy test. Daily life situations - in the cafe - Waiter, there’s a bee in my soup! - Yes sir, the fly has a day-off
Profession joke - A priest A priest tells the prayers: - We have one good news and one – bad ones. The good thing is that we have money for the repair of the church. The bad one – the money are still in your pockets.