US retail sales data for November was released at 1:30 pm GMT. Report turned out to be weaker than expected but it did not trigger any major moves on the markets. Highlights of the report:
• Headline: 0.3% MoM vs 0.8% MoM expected (1.7% MoM previous)
• Ex-autos: 0.3% MoM vs 0.9% MoM expected (1.7% MoM previous)
EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.1260 level. Source: xStation5
Gold prices drop sharply at the end of October. The collapse of the safe-haven myth or a search for liquidity?
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There is no good scenario for the euro today
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