The European Common Currency depreciated against the US Dollar, following the US Retail Sales data release on Tuesday at 12:30 GMT. The EUR/USD exchange currency rate lost 13 pips or 0.11% right after the release. The Euro continued trading at the 1.1215 level against the Greenback.
Census Bureau released the US Retail Sales data, which came out better-than-expected of 0.4% compared with the forecast of 0.1%.
According to the Commerce Department, last month households increased purchases of motor vechicles and a range of other goods. This advance indicates strong consumer spending, which could contibute to the US economy.
| Date | 01.04.19 | 18.04.19 | 15.05.19 | 14.06.19 | 16.07.19 |
|---|---|---|---|---|---|
| Actual | -0.2% | 1.6% | -0.2% | 0.5% | 0.4% |
| Forecast | 0.3% | 0.9% | 0.2% | 0.7% | 0.1% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.70321 | 0.70276 | -0.06% |
| EUR/USD | 1.12216 | 1.12095 | -0.11% |
| NZD/USD | 0.67245 | 0.67162 | -0.12% |
| USD/JPY | 108.041 | 108.146 | 0.10% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 72.4% | 27.6% |
| EUR/USD | 28.7% | 71.3% |
| NZD/USD | 50.2% | 49.9% |
| USD/JPY | 73.6% | 26.4% |
| GMT | Currency | Event | Forecast | Previous |
|---|---|---|---|---|
| 1:30 | AUD | Employment Change | 9.1K | 42.3K |
| 1:30 | AUD | Unemployment Rate | 5.2% | 5.2% |
| 8:30 | GBP | Retail Sales m/m | -0.3% | -0.5% |