Euro Hits 53-month High Against Pound [EUR]

Euro Hits 53-month High Against Pound [EUR]
The euro moved higher against the majors during Asian trading on Thursday, but showed mixed performance in the European deals. Helped by unexpectedly fallen British retail sales, the euro surged to new multi-year high against the sterling but against the rest of majors, the currency weakened

BNP Paribas: Rate Cut For BoE In December Cannot Be Completely Excluded []
Raymond Van der Putten of BNP Paribas remarked on Thursday that UK retail sales edged down in October by 0.1%, as lower sales in stores were almost offset by a surge in non-store sales such as internet shopping.

Euro Soars To 4 1/2 Year Peak Versus Pound, Eases Slightly To Greenback Amid Slew Of Data [EUR/USD]
The euro was mixed against other majors Thursday morning in New York, surging to a its highest point since 2003 versus the sterling. Traders considered a slew of economic data, including a report on euro zone inflation.

Early Signals Mostly Negative For Stocks Thursday Morning Ahead Of Key CPI Data []
US stocks were poised to extend their losses from the previous session on Thursday, with traders on edge in anticipation of the release of the Consumer Price Index.

Japan Stocks Look To Build On Wednesday Turn-Around []
Japanese stocks will look Thursday to sustain the upward momentum gained during a major turn-around the day before.