01:30 PM BST, United States - Employment Data:
- Initial Jobless Claims: Actual: 241K. Forecast 260K; Previous 258K;
01:30 PM BST, United States - Retail Sales Data for September:
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Open real account TRY DEMO Download mobile app Download mobile app- Retail Sales: Actual: 0.4% MoM. Forecast 0.3% MoM; previous 0.1% MoM;
- Core Retail Sales: Actual: 0.5% MoM. Forecast 0.1% MoM; previous 0.1% MoM;
Source: XTB
Strong retail sales data come to the fore and reduce the chances of a quick interest rate cut in the US, hence the EURUSD pair's drop immediately after the data reading.
Source: xStation
