The Euro traded sideways against the US Dollar, following the US Retail Sales data release on Tuesday at 12:30 GMT. The EUR/USD exchange currency rate gained 1 pip or 0.00% after the release. The Euro continued trading at the 1.1310 level against the Greenback after the release.
Census Bureau released the US Core Retail Sales data, which came out better-than-expected of 12.4% compared with the forecast of 5.5%.
The US retail sales jumped significantly as consumers were released from the coronavirus-caused lockdown. Food sales beat the former record from October 2001.
| Date | 13.09.19 | 17.03.20 | 15.04.20 | 15.05.20 | 16.06.20 |
|---|---|---|---|---|---|
| Actual | 0.0% | -0.4% | -4.5% | -17.2% | 12.4% |
| Forecast | 0.1% | 0.1% | -4.9% | -8.6% | 5.5% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.69328 | 0.69442 | 0.16% |
| EUR/USD | 1.13075 | 1.13085 | 0.01% |
| NZD/USD | 0.64763 | 0.64841 | 0.12% |
| USD/JPY | 107.35 | 107.361 | 0.01% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 38.5% | 61.5% |
| EUR/USD | 29.4% | 70.6% |
| NZD/USD | 35.6% | 64.4% |
| USD/JPY | 49.5% | 50.5% |
Economic calendar