The Euro traded sideways against the US Dollar, following the US Retail Sales release on Tuesday at 12:30 GMT. The EUR/USD exchange currency rate gained 6 pips or 0.05% after the release. The Euro continued trading at the 1.0985 level against the Greenback after the release.
Census Bureau released the US Retail Sales data, which came out worse-than-expected of negative 0.5% compared with the forecast of 0.2%.
According to the data, the US economy began to slow down before the coronavirus outbreak.
| Date | 15.11.19 | 13.12.19 | 16.01.20 | 14.02.20 | 17.03.20 |
|---|---|---|---|---|---|
| Actual | 0.3% | 0.2% | 0.3% | 0.3% | -0.5% |
| Forecast | 0.1% | 0.5% | 0.3% | 0.3% | 0.2% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.60017 | 0.60042 | 0.04% |
| EUR/USD | 1.09883 | 1.09898 | 0.01% |
| NZD/USD | 0.59550 | 0.59601 | 0.09% |
| USD/JPY | 106.987 | 106.869 | -0.11% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 74.6% | 25.4% |
| EUR/USD | 25.1% | 74.9% |
| NZD/USD | 73.9% | 26.1% |
| USD/JPY | 61.1% | 38.9% |
Economic calendar