The European Common Currency traded sideways against the US Dollar, following the US Retail Sales data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate lost 9 pips or 0.08% right after the release. The Euro continued trading at the 1.1245 level against the US Dollar.
Census Bureau released the US Core Retail Sales data that came out better-than-expected of 1.2% compared with forecast 0.7%.
According to experts, the US retail sales showed the fastest growth since late 2017. In March, sales for automobiles, petrol, furniture and clothing surged. This advance might signal that consumers tend to spend more due to the healthy job market.
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| Date | 14.12.18 | 14.02.19 | 11.03.19 | 01.04.19 | 18.04.19 |
|---|---|---|---|---|---|
| Actual | 0.2% | -1.8% | 0.9% | -0.4% | 1.2% |
| Forecast | 0.2% | 0.0% | 0.4% | 0.4% | 0.7% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.71567 | 0.71562 | -0.01% |
| EUR/USD | 1.12475 | 1.12419 | -0.05% |
| NZD/USD | 0.66894 | 0.66851 | -0.06% |
| USD/JPY | 111.894 | 111.975 | 0.07% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 57.6% | 42.4% |
| EUR/USD | 25.9% | 74.1% |
| NZD/USD | 67.3% | 32.7% |
| USD/JPY | 30.7% | 69.3% |
| GMT | Currency | Event | Forecast | Previous |
|---|---|---|---|---|
| 1:30 | AUD | CPI q/q | - | 0.5% |
| 14:00 | CAD | Overnight Rate | 1.75% | 1.75% |
| 14:30 | USD | Crude Oil Inventories | - | -1.4M |