HomeLive CommentsUS retail sales rose 0.4%, ex-auto sales rose 0.4%, far above expectations

US retail sales rose 0.4%, ex-auto sales rose 0.4%, far above expectations

ActionForex
By ActionForex

US retail sales rose 0.4% mom in June, above expectation of 0.1%. Ex-auto sales also rose 0.4%, above expectation of 0.1%. Also from US, import price index dropped -0.9% mom in June, worse than expectation of -0.7% mom. From Canada, international securities transactions rose CAD 10.2B in May, above expectation of USD 5.0B.

Dollar rises notably after the release. EUR/USD is possibly now heading back to 1.1193 temporary low.

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