UK Retail Sales misses estimates with 0.3% MoM in December, GBP/USD hits fresh lows

• The UK Retail Sales came in at 0.3% MoM in December.
• Core Retail Sales for the UK rose b y0.4 % MoM in December.
• The cable hits fresh daily lows below 1.37 on dismal UK Retail Sales.

The UK retail sales came in at 0.3% over the month in December vs. 1.2% expected and -3.8% previous. The core retail sales, stripping the auto motor fuel sales, stood at 0.4% MoM vs. 0.8% expected and -2.6% previous.          

more to come ...