CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BREAKING: US retail sales match estimates, EURUSD unimpressed

13:34 14 February 2020

The US retail sales data for January was released at 1:30 pm GMT. The report showed following figures:

  • Retail sales: +0.3% MoM (expected: +0.3% MoM)

  • Retail sales ex. autos: +0.3% MoM (expected: +0.3% MoM)

  • Retail sales ex. autos and gas: +0.4% MoM (expected: +0.3% MoM)

  • Retail sales control group: 0.0% MoM (expected: +0.3% MoM)

As one can see the data turned out to be more or less in-line with estimates. Small beat in core gauge excluding autos and gas was offset with somewhat weaker reading for control group. December’s data for almost every category was revised slightly lower. Another piece of the US hard data - industrial production for January - will be released at 2:15 pm GMT. Meanwhile, EURUSD is unimpressed by the reading, what should not come as a surprise given lack of deviation from expectations.

EURUSD has been moving lower since the start of February. The pair is trading sideways in the 1.0830-1.0850 range today and barely reacted to the US data release. Source: xStation5

This content has been created by X-Trade Brokers Dom Maklerski S.A. This service is provided by X-Trade Brokers Dom Maklerski S.A. (X-Trade Brokers Brokerage House joint-stock company), with its registered office in Warsaw, at Ogrodowa 58, 00-876 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. X-Trade Brokers Dom Maklerski S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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