US retail sales data for February was released at 12:30 pm GMT. Report turned out to be weaker than expected but it did not trigger any major moves on the markets. Highlights of the report:
• Headline: -3.0% MoM vs -0.5% MoM expected (5.3% MoM previous - revised to 7.6%)
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app• Ex-autos: -2.7% MoM vs -0.1% MoM expected (5.9% MoM previous - revised to 8.5%)
It is the biggest decline since a record drop in April of 2020. Source: Macrobond, XTB
EURUSD bounced off the 1.1952 resistance after today's data releases and is heading towards support level at 1.1905. Source:xStation5
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
