CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% 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. 75% 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. 75% 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.

US dollar falls as retail sales miss expectations

13:39 14 February 2019

Summary:

  • US headline retail sales fell 1.2% MoM, while core sales fell 1.8% MoM, the data for December

  • Weaker data could have been affected by the US government shutdown

  • Sales in a control group declined 1.7% MoM while the consensus had pointed to a 0.4% MoM increase, this series is taken into GDP calculations

  • PPI came in close to market expectations, the data for January

  • US dollar dips on the dismal retail sales, EURUSD approaches its crucial short-term resistance

The bag of data from the US came in below expectations, this is especially true when it comes retail sales. Source: Bloomberg

The EURUSD is surging on the grim retail sales. The pair is testing the key supply zone nearby 1.13. Source: xStation5

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