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1:31 PM · 18 July 2023

BREAKING: EURUSD ticks lower afer lower US sales data!

USA, June retail sales:

  • Retail Sales: Actual: 0,2% MoM.Expected 0.5% month-on-month; Previously 0.3% month-on-month
  • Ex Autos: Actual: 0,2% MoM. Expected 0.3% month-on-month; Previously 0.1% month-on-month
  • Retail Sales Ex Auto And Gas Jun: 0.3% (est 0.3%; prev 0.4%)
  • Retail Sales Control Group Jun: 0.6% (est 0.3%; prev 0.2%)

Estimated Monthly Sales for Retail and Food Services, by Kind of Business. Source: Census

EURUSD gained immediately after the release, but later erased these surges fully. The pair remains close to 1.1250.

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