2:31 PM · 15 December 2022

BREAKING: USD deepens drop after US retail sales miss

US retail sales report for November was released at 1:30 pm GMT today. Data turned out to be a disappointment with headline retail sales dropping 0.6% MoM, instead of 0.1% MoM expected by the market. Data excluding autos and gas also came in lower, while markets expected it to remain flat or come in slightly higher.

US retail sales report for November

  • Headline: -0.6% MoM vs -0.1% MoM expected (+1.3% MoM previously

  • Excluding autos: -0.2% MoM vs 0.1% MoM expected (+1.3% MoM previously)

  • Excluding autos and gas: -0.2% MoM vs 0.0% MoM expected (+0.9% MoM previously)

  • Control group: -0.2% MoM vs 0.1% MoM expected (+0.7% MoM previously)

USD deepened declines following the release, with EURUSD moving above 1.0650. US indices, like US500, jumped in a knee-jerk move but this gain was quickly erased. More hawkish than expected stance from Fed yesterday and ECB today continue to play leading role in the markets.

EURUSD at 5-minute interval. Source: xStation5

26 June 2026, 6:48 PM

Daily Summary: Will the S&P 500 close the week with a loss❓Find out what drove the market today ⬇️

26 June 2026, 7:42 AM

Economic Calendar: US consumer sentiment and Fed speeches in the focus (26.06.2026)

25 June 2026, 2:42 PM

Market Wrap: Markets Rally on Strong Micron Data (25.06.2026)

25 June 2026, 1:47 PM

BREAKING: PCE Inflation and income raise 📈EURUSD gains 0,2%

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits