The Euro traded sideways against the US Dollar, following the US Retail Sales data release on Friday at 12:30 GMT. The EUR/USD exchange currency rate gained 7 pips or 0.06% after the release. The Euro continued trading at the 1.18250 level against the Greenback after the release.
Census Bureau released the US Core Retail Sales data, which came out better-than-expected of 1.9% compared with the forecast of 1.3%.
According to analysts, electronics and appliance sales contributed the most to the US economy as sales jumped 22.9%. Moreover, consumers continued to spend more on clothing, as well bars and restaurants.
| Date | 15.04.20 | 15.05.20 | 16.06.20 | 16.07.20 | 14.08.20 |
|---|---|---|---|---|---|
| Actual | -4.5% | -17.2% | 12.4% | 7.3% | 1.9% |
| Forecast | -4.9% | -8.6% | 5.5% | 5.0% | 1.3% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.71547 | 0.71573 | 0.04% |
| EUR/USD | 1.1814 | 1.1827 | 0.11% |
| NZD/USD | 0.65399 | 0.65454 | 0.08% |
| USD/JPY | 106.67 | 106.653 | -0.02% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 32.9% | 67.1% |
| EUR/USD | 33.1% | 66.9% |
| NZD/USD | 56.2% | 43.8% |
| USD/JPY | 49.7% | 50.3% |
Economic calendar