The European Common Currency appreciated against the US Dollar, following the US Retail Sales data release on Wednesday at 12:30 GMT. The EUR/USD exchange currency rate gained 19 pips or 0.17% right after the release. The Euro continued trading at the 1.1040 level against the Canadian Dollar.
Census Bureau released the US Retail Sales data, which came out worse-than-expected of negative of 0.3% compared with the forecast of 0.3%.
The US Retail Sales unexpectedly declined at the first time in seven months. According to analysts, this decline might indicate consumers' uncertainty about economic growth.
| Date | 14.06.19 | 16.07.19 | 15.08.19 | 13.09.19 | 16.10.19 |
|---|---|---|---|---|---|
| Actual | 0.5% | 0.4% | 0.7% | 0.4% | -0.3% |
| Forecast | 0.7% | 0.1% | 0.3% | 0.2% | 0.3% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.67277 | 0.6732 | 0.06% |
| EUR/USD | 1.10302 | 1.10438 | 0.12% |
| NZD/USD | 0.62498 | 0.62555 | 0.09% |
| USD/JPY | 108.764 | 108.669 | -0.09% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 73.6% | 26.4% |
| EUR/USD | 31.3% | 68.7% |
| NZD/USD | 74.3% | 25.7% |
| USD/JPY | 52.4% | 47.6% |
| GMT | Currency | Event | Forecast | Previous |
|---|---|---|---|---|
| 0:30 | AUD | Employment Change | 15.3K | 34.7K |
| 8:30 | GBP | Retail Sales m/m | -0.1% | -0.2% |
| 12:30 | USD | Philly Fed Manufacturing Index | 7.3 | 12.0 |