US retail sales data for July was released at 1:30 pm BST. Report turned out to be weaker than expected and trigger some moves on the markets. Highlights of the report:
• Headline: -1.1% MoM vs -0.2% MoM expected (0.7% MoM previous)
• Ex-autos: -0.4% MoM vs 0.2% MoM expected (1.6% MoM previous)
EURUSD broke below the lower limit of the triangle formation after today's data releases and is heading towards next support level at 1.1752. Source:xStation5
Economic calendar: Canadian labor market and Michigan Index (06/02/2026)
🔵 ECB Press Conference (LIVE)
BREAKING: ECB maintains rates in line with expectations!💶
BREAKING: Bank of England holds rates as expected 📌 GBPUSD ticks down on dovish vote split 📉