Valeria B Bednarik's Blog Posts Tagged 'Retail' (1)

Mixed US Retail Sales Dollar higher

Retail sales show a monthly increase of 0.4%, slightly below expectations of 0.6%, while Core Retail sales reached 0.8%, above the 0.7% expected. Dollar is slightly higher across the board, except against commodity currencies, heading quickly higher.

Still nothing worth to mention, with EUR/USD around 1.4490 and USD/CHF at 0.8975. USD/JPY is back higher, nearing 84.20. However, the strong Chinese wall for the pair is at the 84.40/50 area; unless above it, gains will remain limited for…


Added by Valeria B Bednarik on April 13, 2011 at 12:37pm — No Comments

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