News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
EUR/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Wall Street
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Bullish
GBP/USD
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
USD/JPY
Mixed
More View more
Real Time News
  • what a move in $AUDUSD this week Rising wedge reversal filled in, price action driving towards .7000. So much selling so fast, may need a break before it can take out the big fig https://t.co/RSLLc97o7G https://t.co/XGAkj157hh
  • BoE Governor Bailey says the BoE should have negative rates in toolbox because other countries have demonstrated they can do it
  • BOE Governor Bailey says we have to look at how negative rates will affect the financial system - BBG
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.32% Gold: -0.19% Silver: -1.42% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/Fi1j0nSeXP
  • 🇺🇸 New Home Sales MoM (AUG) Actual: 4.8% Expected: -0.1% Previous: 14.7% https://www.dailyfx.com/economic-calendar#2020-09-24
  • Dow, Nasdaq Price Forecast: Sellers Drive as Q4 Open Nears https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2020/09/24/Dow-Nasdaq-Price-Forecast-Sellers-Continue-to-Drive-Q4-Open-Nears.html https://t.co/6sn4RfUTxX
  • Tune in to @RichDvorakFX 's #webinar at 11:00 AM ET/3:00 PM GMT to learn how to identify trends with trader #sentiment. Register here: https://t.co/MqVMi2INbJ https://t.co/EHYC4aIrA3
  • 🇺🇸 New Home Sales MoM (AUG) Actual: 4.8% Expected: -0.1% Previous: 13.9% https://www.dailyfx.com/economic-calendar#2020-09-24
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.89%, while traders in EUR/GBP are at opposite extremes with 64.48%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/tPAyprfZga
  • Senate Republican Leader McConnell says there will be an orderly transition of power after November election
Auto Sales Help Keep Retail Sales Positive, But USD Lower on Miss

Auto Sales Help Keep Retail Sales Positive, But USD Lower on Miss

2014-05-13 12:47:00
Gregory Marks,
Share:

Talking Points:

-Advance Retail Sales MoM (APR) comes in at 0.1% vs. 0.4% expected and 1.2% prior

-Ex Auto MoM (APR) comes in at 0.0% vs. 0.6% estimated

-Ex Auto and Gas MoM (APR) comes in at -0.1% vs. 0.5% estimated

-Control Group (APR) comes in at -0.1% vs. 0.5% estimated

April Retail Sales figures out of the U.S. came in worse than expected across the board and just managed to edge out at 0.1% gain. If we exclude auto and gas sales, then retail sales actually declined 0.1%. Consumer Credit figures over the past few months have indicated that only non-revolving credit (auto, student loans) have seen increases while revolving (credit cards) has continued to indicate flat or declining rates of growth.

Revisions for March indicated a slightly better situation as we saw the MoM advance print come in at 1.5% vs. 1.1% before revisions while the control group was revised from 0.8% to 1.3%. The most notable MoM decline in April was in electronic stores (-2.3%) while the strongest MoM increases came from auto dealers (10.0%), health stores (6.6%), food & beverage (6.5%) and furniture (3.6%).

Auto Sales Help Keep Retail Sales Positive, But USD Lower on Miss

The Euro is trading slightly higher versus the greenback, but still remains lower on the day on more Euro intervention comments on the wires late in the European session. US 10yr yields spiked lower at the print from 2.655% to 6.6323% at the time of this report.

EUR/USD May 13, 2014 (5-Minute Chart)

Auto Sales Help Keep Retail Sales Positive, But USD Lower on Miss

Source: FXCM Marketscope

Gregory Marks, DailyFX Research Team

Keep up to date on event risk with the DailyFX Calendar.

How does a Currency War affect your FX trading?

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES