Watch More: Dukascopy TV
The Greenback strengthened against the European single currency, following the US Retail Sales data release. The EUR/USD currency pair lost 10 pips, or 0.12%, to continue fluctuating in the 1.7088 area.
The Census Bureau released monthly Retail Sales data that came out better-than-expected of 0.5%, compare to forecasted 0.4%.
Pablo Piovano, an Economist from FXStreet, said: "In addition, the NY Empire State manufacturing index came in above expectations at 22.60 for the current month, a tad lower than June's 25.00 reading. Looking ahead, spot is poised to remain under scrutiny in light of headlines from the Trump-Putin meeting and the upcoming testimonies by Fed's J.Powell on Tuesday and Wednesday."
| Historical Data Table: US Retail Sales m/m | Economic Calendar for 17.07.2018 | ||||||||
| Date | 14.02.2018 | 14.03.2018 | 16.04.2018 | 15.05.2018 | 16.07.2018 | 1:30 AM | Australian Monetary Policy Meeting | ||
| Actual | -0.10% | -0.10% | 0.60% | 0.30% | 0.50% | 8:00 AM | UK BOE Gov Carney Speaks | ||
| Forecast | 0.20% | 0.30% | 0.40% | 0.40% | 0.40% | 8:30 AM | UK Average Earnings Index 3m/y | ||
| Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| AUD/USD | 0.74277 | 0.74239 | -0.05% | AUD/USD | 58.19% | 41.81% | |||
| EUR/USD | 1.17182 | 1.17107 | -0.06% | EUR/USD | 58.64% | 41.36% | |||
| USD/JPY | 112.291 | 112.41 | 0.11% | USD/JPY | 40.16% | 59.84% | |||
| NZD/USD | 0.67881 | 0.67836 | -0.07% | NZD/USD | 57.56% | 42.44% | |||