EUR/USD reacts to US Retail Sales

Note: This section contains information in English only.
Source: Dukascopy Bank SA


At 13:30 GMT on Wednesday, the publication of the US Retail Sales caused a drop of the USD value.

The EUR/USD surged 13 base points or 0.12% in the first five minutes after the data release.

Retail sales had increased in November by 0.3%, compared to the forecast of 0.8%. Meanwhile, Core Retail Sales also came in at 0.3% instead of a forecast of 0.9%.
Back to articles

Actual Topics

Wed, 15 Dec 2021 13:48:32 GMT

USD/CAD moves due to Canadian CPI

On Wednesday, at 13:32 GMT, the Canadian Consumer Price Index was published. The inflation measure hit the forecast of 0.2%. Due to that reason, the market reaction was muted, as the USD/CAD surged only 17 base points or 0.13%.

Wed, 15 Dec 2021 08:45:42 GMT

UK inflation causes rate spikes

On Wednesday, at 07:00 GMT, the UK Inflation data was published. The event caused a spike in the value of the GBP. However, the currency almost immediately returned to previous levels. For example, the GBP/USD jumped and retraced back by 22 base points or 0.16% in less than five minutes. The year-on-year UK Consumer Price Index results came in at 5.1%

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.