The Euro 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 gained 3 pips or 0.02% after the release. The Euro continued trading at the 1.1420 level against the Greenback after the release.
Census Bureau released the US Core Retail Sales data, which came out better-than-expected of 7.3% compared with the forecast of 5.0%. Also, note that the US Unemployment Claims data was released at the same time.
It is likely that federal stimulus checks and tax refunds supported summertime spending as stores and restaurants continued to reopen.
| Date | 17.03.20 | 15.04.20 | 15.05.20 | 16.06.20 | 16.07.20 |
|---|---|---|---|---|---|
| Actual | -0.4% | -4.5% | -17.2% | 12.4% | 7.3% |
| Forecast | 0.1% | -4.9% | -8.6% | 5.5% | 5.0% |
| Pair | Open | Close | Change |
|---|---|---|---|
| EUR/CHF | 1.07918 | 1.07921 | 0.00% |
| EUR/GBP | 0.90889 | 0.90837 | -0.06% |
| EUR/JPY | 122.35200 | 122.318 | -0.03% |
| EUR/USD | 1.14146 | 1.14186 | 0.04% |
| Pair | Longs | Shorts |
|---|---|---|
| EUR/CHF | 46.6% | 53.4% |
| EUR/GBP | 25.7% | 74.3% |
| EUR/JPY | 56.4% | 43.6% |
| EUR/USD | 35.8% | 64.2% |
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