Negative macroeconomic statistics from the United States | 18 tháng Tám 2021

18 tháng Tám 2021, EUR/USD

Negative macroeconomic statistics from the United States

EURUSD trading plan:

U.S. retail sales fell more than expected in July, suggesting a slowdown in economic growth early in the third quarter. Retail sales dropped 1.1% last month. Data for June was revised up to show retail sales increasing 0.7% instead of rising 0.6% as previously reported. Retail sales are 17.2% above their pre-pandemic level. Online retail sales dropped 3.1%. Sales at building material stores fell as did receipts at sporting goods, hobby, musical instrument and book stores. Excluding automobiles, gasoline, building materials and food services, retail sales fell 1.0% last month after an upwardly revised 1.4% increase in June. These so-called core retail sales correspond most closely with the consumer spending component of gross domestic product.

Investment idea: buy 1.1701 and take profit 1.1770.

David Johnson
Analyst of «FreshForex» company
Đồng ý với đánh giá?
Ý kiến ​​của thương nhân:
Close
Đăng nhập
Trình duyệt của bạn không hỗ trợ cookie Nếu cookie đã bị vô hiệu trong trình duyệt Internet của bạn, bạn có thể gặp vấn đề với việc hiển thị Khu vực cá nhân. Cách bật hỗ trợ cookie .