US retail sales will drive the USD

US retail sales will drive the USD

There are several important economic indicators released in the United States every month. Retail sales is one of them. It will be released at 15:30 MT time on August 15. In the economic calendar, you will find the monthly growth of this indicator. The higher it is, the better for the US economy and for the USD.

So far, American retail sales figures have been strong. Data in July showed the indicator advanced in June for the fifth month in a row. Notice that the US will release 2 indicators, retail sales and core retail sales. The latter excludes the sales of automobiles. Both indicators are important for the exchange rate of the greenback.

• If the data is greater than the forecast, the USD will rise.

• If the data is weaker than the forecast, the USD will go down.

Check the economic calendar

Screenshot_5.png

                                                                                                      TRADE NOW

Similar

Inflation Risks Return To The Markets
Inflation Risks Return To The Markets

Lagarde says difficult times have come, and the ECB raised the rate not to cause a recession but to stabilize prices. Read the report to learn the freshest news of the day!

ECB Key Rate is in Focus
ECB Key Rate is in Focus

ECB is ready to take the decision about the key rate. What to expect from officials? Oil prices are high, and economy indicators demonstrate the slowing down in the strongest European economies.

What Will the Fed Decide?
What Will the Fed Decide?

The Fed is going to take a decision about the interest rate. This is the crucial news for the following week. What's going on in the markets and what to expect?

Latest news

Fed’s Rate Pause and UK Inflation Slows
Fed’s Rate Pause and UK Inflation Slows

Today's main event for the markets is the FOMC Interest Rate Decision, where the US regulator is widely expected to keep the interest rate at the same level of 5.5%.

Deposit with your local payment systems

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

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!

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