US retail sales data for January was released at 1:30 pm GMT. Report turned out to be better than expected but did not trigger any major moves on the markets. Highlights of the report:
• Headline: 3.8% MoM vs 2.0% MoM expected (-1.9% MoM previous)
• Ex-autos: 3.3% MoM vs 0.8% MoM expected (-2.8% MoM previous)
EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.1365 level. Source: xStation5
BREAKING: EURUSD muted; US services growth cools in December as demand softens 📌
Barkin and Miran remain on opposite sides of the Fed policy path🎙️
BREAKING: German inflation comes in significantly below expectations, EURUSD slips 📉
BREAKING: European PMIs slightly weaker than expected; Spain stands out positively 🔎