EUR/USD: US Retail Sales

Source: Dukascopy Bank SA

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.


Historical Data: US Retail Sales m/m
Date01.04.1918.04.1915.05.1914.06.1916.07.19
Actual-0.2%1.6%-0.2%0.5%0.4%
Forecast0.3%0.9%0.2%0.7%0.1%
Initial Reaction on Main Pairs
PairOpenCloseChange
AUD/USD0.703210.70276-0.06%
EUR/USD1.122161.12095-0.11%
NZD/USD0.672450.67162-0.12%
USD/JPY108.041108.1460.10%
July 17, 2019 Open Positions
PairLongsShorts
AUD/USD72.4%27.6%
EUR/USD28.7%71.3%
NZD/USD50.2%49.9%
USD/JPY73.6%26.4%
Economic Calendar for July 18, 2019
GMTCurrencyEventForecastPrevious
1:30AUDEmployment Change9.1K42.3K
1:30AUDUnemployment Rate5.2%5.2%
8:30GBPRetail Sales m/m-0.3%-0.5%

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