The Euro appreciated against the US Dollar, following the US Retail Sales data release on Tuesday at 13:30 GMT. The EUR/USD exchange currency rate gained 14 pips or 0.12% after the release. The Euro continued trading at the 1.1890 level against the Greenback after the release.
Census Bureau released the US Retail Sales data, which came out worse-than-expected of 0.3% compared with the forecast of 0.5%.
Most likely that the US retail sales growth slowed down as the number of new Covid-19 infections jumped and household income declined.
| Date | 16.07.20 | 14.08.20 | 16.09.10 | 16.10.20 | 17.11.20 |
|---|---|---|---|---|---|
| Actual | 7.5% | 1.2% | 0.6% | 1.9% | 0.3% |
| Forecast | 5.0% | 2.0% | 1.1% | 0.7% | 0.5% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.73119 | 0.73174 | 0.08% |
| EUR/USD | 1.18781 | 1.18906 | 0.11% |
| NZD/USD | 0.68853 | 0.68911 | 0.08% |
| USD/JPY | 104.127 | 104.088 | -0.04% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 28.0% | 72.0% |
| EUR/USD | 42.5% | 57.5% |
| NZD/USD | 25.9% | 74.1% |
| USD/JPY | 50.7% | 49.3% |
Economic calendar