US retail sales were unchanged from the month before in April, well below March’s 0.6% and forecasts of 0.4% growth. That, coupled with the punchier read from the inflation figures, was enough to fuel a small US dollar selloff yesterday, although we aren’t confident that will hold too long.
EUR/USD: the past year
From To
For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business account manager on 020 7898 0500 or your Private Client Account Manager on 020 7898 0541.
