15 Jul 2013
Session Recap: The USD trades mixed as retail sales disappoints
FXstreet.com (San Francisco) - The Greenback traded higher on the early Monday session but after a weaker than expected retail sales of 0.4% increase in June with an unchanged ex-autos reading, the USD lost grip and the EUR/USD advanced to recover almost all previous losses.
The Euro tested sub 1.30 leves in the European session but the EUR/USD advanced in America to close just around 1.3065. The GBP/USD jumped around 80 pips from 1.5030 following data to tests the 1.5115 where the pair remains calm.
The USD/JPY, however, advanced for second straight day and after testing 100.50 levels the pair is finishing Monday just below 100.00. The USD/CAD also rose for second day and currently it is consolidating prices above 1.0400.
The AUD/USD recovered from Friday's lows at 0.9000 and extended gains to trade at 0.9100, where the pair remains now. The gold was trading sideways the whole day just around $1,283.50.
Main headlines in the American Session:
US: Retail Sales up 0.4% in June
US: NY Empire State index rose to 9.46 in July
Rajoy: Won’t allow scandal to to affect reform plans, political stability
May US business inventories 0.1% vs 0.0% exp
Spanish PM Rajoy refuses to resign over corruption scandal
ECB’s Asmussen: Euro area “hides” growth signs
Fitch downgrades EFSF to AA+ from AAA
Wall Street closed higher on mix ecodata and earnings reports
The Euro tested sub 1.30 leves in the European session but the EUR/USD advanced in America to close just around 1.3065. The GBP/USD jumped around 80 pips from 1.5030 following data to tests the 1.5115 where the pair remains calm.
The USD/JPY, however, advanced for second straight day and after testing 100.50 levels the pair is finishing Monday just below 100.00. The USD/CAD also rose for second day and currently it is consolidating prices above 1.0400.
The AUD/USD recovered from Friday's lows at 0.9000 and extended gains to trade at 0.9100, where the pair remains now. The gold was trading sideways the whole day just around $1,283.50.
Main headlines in the American Session:
US: Retail Sales up 0.4% in June
US: NY Empire State index rose to 9.46 in July
Rajoy: Won’t allow scandal to to affect reform plans, political stability
May US business inventories 0.1% vs 0.0% exp
Spanish PM Rajoy refuses to resign over corruption scandal
ECB’s Asmussen: Euro area “hides” growth signs
Fitch downgrades EFSF to AA+ from AAA
Wall Street closed higher on mix ecodata and earnings reports