Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Eurozone Retail sales miss expectations- EUR/USD slipping again
The latest Eurozone retail sales data has just been released. The markets were expecting a 0.4% rise compared to a 0.5% decline in the prior month. Sales have improved, but only by 0.1%. That is not a disaster, but it is hardly impressive. Prior to this report the EUR/USD had rebounded from an earlier session low, at 1.0284, to above 1.0315. It has below that rebound high leading into this data. The impact of that has not seen it rebound at all, as indeed one might expect. The GBP/USD is backing down again now after pushing to test that noted resistance at 1.2300. The GBP/USD is now edging back to 1.2275 and that is keeping the EUR/USD from rising any further, as is this rather tepid sales data. The EUR/USD is right now at 1.0300
Market News
All News-
Nasdaq 100 leads US gains in the first hour of live trade
The US stock markets have been open now for around 40 minutes and in that time we have seen all three indexes push higher. The Dow Jones is pushing...
-
USD/JPY still running into sellers above 156
Earlier this morning an update here noted how the USD/JPY had rejected a sustained move above 156, after falling back from a session high, at 156.11...
-
DAX sets more records as it tops 21,300
There has been little slowdown in the progress for the DAX today. The index has now set further records above 21,300, lifting above 21,325 not too...
