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BREAKING: USD sees little reaction to upbeat retail sales data

1:35 PM 16 July 2021

US retail sales data for June was released at 1:30 pm BST.  Report turned out to be better than expected  but it did not trigger any major moves on the markets. Highlights of the report:

• Headline: 0.6% MoM vs -0.4% MoM expected (-1.3% MoM previous)

• Ex-autos: 1.3% MoM vs  0.4% MoM expected (-0.7% MoM previous)

EURUSD fell below 1.1800 support after today's data releases and is heading towards next support at 1.1750. Source: xStation5  

 

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