Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
EUR/USD near session highs after slight Eurozone retail sales miss hides better revision
The May Eurozone retail sales were expected to bounce back by around 0.2%, after falling by 0.5% in April. The actual data has just now revealed a 0.1% rise, but the previous reading was revised significantly higher. The annualised rate has improved and been similarly revised higher too. Ahead of this data the EUR/USD was very close to session highs, then at 1.0831.The impact of this data has not dented that at all and there is little in this data to suggest it should. So, once again it seems to be a case of how much further the Euro will press ahead of the US monthly jobs report this afternoon. The EUR/USD is currently trading at 1.0828
Market News
All News-
Nasdaq 100 extends opening gains closer to the first technical correction level (corrected)
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here; it is at 20,325 and represents a 38.2%... -
Nasdaq 100 extends opening gains closer to the first technical correction level
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here that, it is at 20,325 and represents a... -
US consumer confidence and Richmond Fed both miss estimates- EUR/USD edges higher
The earlier noted US economic releases (consumer confidence, new home sales and the Richmond Fed index) have just hit the screens. As noted earlier...
