Don’t waste your time – keep track of how NFP affects the US dollar!

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Follow us on Facebook

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

View
Eyes on US retail sales

Eyes on US retail sales

Information is not investment advice

Follow the report on August 14 at 15:30 MT time!

Instruments to trade: EUR/USD, GBP/USD, USD/JPY

This report is especially significant for traders as it concerns the US dollar – the most traded currency in Forex market. Therefore, it will influence the whole market sentiment. Moreover, it's the primary measure of consumer spending, which, in turn, reveals the current economic activity. US retail sales rose by 7.5% in June of 2020, after it reached the record growth of 18.2% in May. Both times numbers beat analysts’ forecasts. Actually, the overall situation is getting better as more and more companies are reopening in the USA and the consumer spending is increasing. Also, it seems that the coronavirus spread has been taken under control as new cases continue declining.

  • If US retail sales are better than expected, the USD will surge.
  • If US retail sales are worse than expected, the USD will fall.

Check the economic calendar

push_usd.jpg

LOG IN

Similar

Forex news on the last day of summer

The US dollar has started the week on the positive footing, while riskier assets are dipping down. Let’s discuss last market movements in more details.

Popular

Choose your payment system

Learn more