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12:35 PM · 15 September 2022

BREAKING: US dollar slightly weakens after mixed retail sales data

EUR/USD
Forex
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US retail sales data for August was released at 1:30 pm BST.  Report turned out to be mixed and and did not trigger any major moves on the markets. Highlights of the report:

• Headline: 0.3% MoM vs 0.0% MoM expected (0.0% MoM previous)

• Ex-autos: -0.3% MoM vs 0.0% MoM expected (0.4% MoM previous)

The New York Empire State Manufacturing Index rose to -1.5 in September, from  -31.3 in August, which was the lowest reading since May of 2020. Today's reading came in well above analysts' estimates of -14.

The number of Americans filling for unemployment benefits was  0.213 million in the week ended September 10, compared to 0.222 million reported in the previous week. Today’s reading came in below market expectations of 0.226 million. 

EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade near parity level. Source: xStation5

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