The US dollar is holding steady against the euro ahead of the US retail sales data release (1:30 pm GMT). January’s retail sales report is expected to show headline growth remaining unchanged at December’s pace of 0.3% MoM. Core gauges are also forecast to increase 0.3% MoM. EURUSD is trading at a 3-year low but attempts to break back above 1.0850.
Macro Calendar – Dovish BoJ Pivot and Key Data from Europe and the US
📊Morning Briefing: BoJ raises rates, but the yen paradoxically weakens (18.09.2026)
Indices rebound as oil slides to $102 📉 Low jobless claims reading supports US dollar
BoE keeps rates unchanged and issues a dovish statement, thereby weakening the GBP⬇️