Day: July 15, 2016

US Retail Sales and Industrial Production Help USD vs. EUR

EUR/USD was trending strongly down today thanks to the positive macroeconomic reports from the United States. Although not all of the released data was optimistic, the main numbers were better than forecasts. The currency pair attempted to stage a correction near 14:00 GMT but failed and continued down. Retail sales rose by 0.6% in June after going up by 0.2% in May (revised down from 0.5%). The growth exceeded the median […]