💲USD advances ahead of retail sales

Open account Download free app

Today at 1:30 pm BST the US retail sales data for August will be released. This is the last important report ahead of the Fed's decision next week. It is worth mentioning that after weak labor market data and high inflation which may suggest a peak now investors expect another weak retail sales report. This potentially gives the Fed a chance to maintain its current policy. The dollar, however, is not giving up.

The market expects the reading of -0.7% MoM, although not so long ago the forecast assumed -1.0% MoM decline. The previous reading showed -1.1% MoM decline. Core sales are expected to drop by 0.1% MoM against the previous decline of 0.4% MoM. As one can see, the condition of US consumers has weakened recently. Source: Bloomberg

Nevertheless, the dollar is clearly gaining, which may be a kind of surprise. This move is not determined by volatility in bond yields. Sentiment in the equity market worsened slightly, but the dollar's strength ahead of a potentially weak reading is puzzling. EURUSD is testing key support at 1.1770. Source: xStation5

23 March 2026, 12:07 PM

Trump drops Iran ultimatum 🚨 TACO turns the markets around 📈

20 March 2026, 6:55 PM

Daily summary: Wall Street sells off, gold sells off, dollar keeps winning the risk-off (20.03.2026)

20 March 2026, 5:29 PM

Three markets to watch next week (20.03.2026)

20 March 2026, 8:57 AM

Chart of the Day: EURUSD Under Pressure from the Fed, the Persian Gulf, and Inflation

Forex
Economic reports

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days