Eyes on US retail sales

Eyes on US retail sales

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

TRADE NOW

Similar

Latest news

Deposit with your local payment systems

Learn more

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.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

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

Beginner Forex book

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

Beginner Forex book

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.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera