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
Subscribe
Please try again
EUR/USD
Bullish
Oil - US Crude
Bullish
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
Bearish
GBP/USD
Bearish
USD/JPY
Bullish
More View more
Real Time News
  • US GDP in Q4 saw an increase of 4%, printing in line with expectations. However, while adding to the record mechanical increase in Q3, this was not enough to offset the 3.5% contraction for 2020. Get your GDP market update from @JMcQueenFX here: https://t.co/65o9MC8Xar https://t.co/iVvTYrtj0Z
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: France 40: 0.58% Wall Street: 0.57% US 500: 0.49% Germany 30: -0.35% FTSE 100: -0.75% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/O4fKZ7PNUo
  • Strength in $EURJPY has driven the pair upward by over 50 pips, rising from 126.00 to currently trade above 126.50, its highest level in over two weeks. $EUR $JPY https://t.co/ODyNz4YSao
  • $USDCAD breakout pulling back from a fresh 2021 high... $NZDUSD breakout hit on Tues, reversed yday. $USDCAD breakout hit yday and so far has continued to run but both the h&s and inverse h&s in $USD remain https://t.co/EuuD7kFDVP https://t.co/m305BAypq2
  • A bout of strength has sent #Silver soaring from 25.25 to above 26.00, hitting its highest levels since the selloff on January 8th. $XAG $SLV https://t.co/N6c56GZZPi
  • $USDCAD is trading at its highest levels in a month, around 1.2850, amidst US Dollar strength. $USD $CAD https://t.co/9R2gC9w7n1
  • 🇺🇸 Core PCE Prices QoQ Adv (Q4) Actual: 1.4% Expected: 1.5% Previous: 3.4% https://www.dailyfx.com/economic-calendar#2021-01-28
  • 🇺🇸 PCE Prices QoQ Adv (Q4) Actual: 1.5 Expected: 2.3% Previous: 3.7% https://www.dailyfx.com/economic-calendar#2021-01-28
  • 🇺🇸 GDP Price Index QoQ Adv (Q4) Actual: 2% Expected: 2.4% Previous: 3.3% https://www.dailyfx.com/economic-calendar#2021-01-28
  • 🇺🇸 GDP Growth Rate QoQ Adv (Q4) Actual: 4% Expected: 4% Previous: 33.4% https://www.dailyfx.com/economic-calendar#2021-01-28
Peso Weakens Following Retail Sales Announcement

Peso Weakens Following Retail Sales Announcement

Michael Romero,

Talking Points:

• Peso Weakens Versus USD.

• Monthly Retail Sales Data Signifies December 2014 Slowdown.

• Yearly Retail Sales Data Above 2013 Figure.

The Peso retreated as Mexican retail sales year-on-year data for December 2014 rebounded above the previous figure of 1.20 percent, however crossed the wire directly in line with leading economists’ expectations of 2.40 percent. On a month-on-month scale, retail sales fell 0.90 percent, a huge dip compared to November 2014’s reading of 0.80 percent.

In their February 18th, 2015 quarterly report, the central bank of Mexico also reported that an estimated 2014 GDP has registered a growth rate of about 2.1 percent, reflecting a momentum in both domestic and external demand. Policymakers also noted that shocks to inflation, mainly stemming from falling world oil prices contributed to the Board of Governor’s decision to keep interest rates stable at 3 percent in the last quarter of 2014.

Peso Weakens Following Retail Sales Announcement

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

DISCLOSURES