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US: Import and Export Prices higher than expected

US import prices beat consensus at 1.1% in February, instead of the 0.5% expected, and increased the pace from January's 0.6%, with annualized data rebounding from -1.3% to -0.3%. Export prices rose from 0.3% to 0.8%, beating 0.3% consensus, with annualized data rising from 1.1% to 1.5%.

US Feb Import Price Index (YoY) rises to -0.3% vs -1.3% in Jan.

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Forex: GBP/USD falls on US retail sales

The GBP/USD peaked at 1.4982 high during the London morning and found stable ground at 1.4950 ahead of the load of US data. However, improving data in the US provoke Dollar buying that sent the pair lower, now at 1.4935.
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