US macro data reading (13:30 BST)
- US Jobless Claims 220 k vs 225 k exp. and 216 k previously
- US Continued jobless claims: 1,688 mln vs 1,6925 mln exp. and 1,679 mln previously
- Retail sales m/m: 0,6% vs 0,1% exp and 0,7% previously
- PPI inflation y/y: 1,6% vs 1,3% exp. and 0,8% previously
- PPI inflation m/m: 0,7% vs 0,4% exp. and 0,3% previously
Sellers pressure on EURUSD is much higher after very strong US macro data. Declines started after ECB decision at 13:15 BST. ECB revised economic outlook lower which fueled bears on EURUSD.
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Source: xStation5
