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Fundamental Forex Analysis

Swiss Real Retail Sales rebound 8.8% YoY in May vs. -18.8% previous

According to the latest data published by the Swiss Federal Statistical Office showed on Tuesday, the country’s retail trade rebounded sharply from the coronavirus-imposed lockdown driven previous fall. Switzer...

Manufacturing PMI improves to 40.6 in May from 33 in April
Fundamental Forex Analysis

Retail Sales plunged by 26.4% in April vs. 15.1% expected

Retail Sales in Canada fell more than expected in April. Advance estimates point to a sharp rebound in May. The data published by Statistics Canada revealed on Friday that Retail Sales in Canada declined by 26...

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Fundamental Forex Analysis

Australia’s Preliminary Retail Sales rebound 16.3% in May, AUD/USD picks up bids

Australia’s consumption, as represented by Retail Sales, rebounded sharply in the month of April, the Australian Bureau of Statistics (ABS) reported on Friday. The retail sales arrived at +16.3% month-on-...

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Fundamental Forex Analysis

When are US monthly retail sales figures and how could they affect EUR/USD?

US monthly retail sales overview Tuesday’s US economic docket highlights the release of monthly retail sales figures for May, scheduled at 12:30 GMT. Following a record 16.4% drop in April, consensus esti...

German Retail Sales drop 5.3% MoM in April vs. -12% expected, EUR/USD keeps 1.11
Fundamental Forex Analysis

Indonesian rupiah battles 14100 after Retail Sales plummet 16.9% YoY in April

Indonesia’s Retail Sales plunged by 16.9% on the year in April vs. a 4.5% drop seen in March, the latest survey conducted by Bank Indonesia (BI), the Indonesian central bank, released on Tuesday. This was...

China reports 10 new coronavirus cases in Mainland as of end-April 22 vs 30 a day earlier
Fundamental Forex Analysis

Retail Sales, Industrial Production disappoint – Aussie keeps losses

China’s May Retail Sales YoY, the number arrived at -2.8% vs. -2.0% exp and -7.5% last, with Industrial Output YoY at +4.4% and +5.0% exp and +3.9% last.  The sales fell for four straight months as shops, resta...

German Retail Sales drop 5.3% MoM in April vs. -12% expected, EUR/USD keeps 1.11
Fundamental Forex Analysis

German Retail Sales drop 5.3% MoM in April vs. -12% expected, EUR/USD keeps 1.11

German Retail Sales dropped 5.3% MoM in Mar vs. -12.0% expected. Retail Sales dived 6.5% YoY in Mar vs. -14.3% expected. According to the latest data reported by Germany’s Destatis on Friday, the country’s R...

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Forex News

GBP/USD struggles near multi-week lows, just above mid-1.2100s post-US retail sales

A sudden pickup in the USD demand prompted some fresh selling around GBP/USD on Friday. Escalating US-China tensions dented the already weaker sentiment and underpinned the USD. Worse-than-expected US monthly R...

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Forex News

When are US monthly retail sales figures and how could they affect EUR/USD?

US monthly retail sales overview Friday’s US economic docket highlights the release of monthly retail sales figures, scheduled at 12:30 GMT. Consensus estimates point to yet another dismal round of figure...

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Fundamental Forex Analysis

US Retail Sales to get hammered again in April due to coronavirus – Reuters poll

The latest Reuters survey of economists is likely to show that consumer spending, which accounts for more than two-thirds of US economic activity, registered a record drop for the second consecutive month in Ap...