Last Friday, USD weakened against all major currencies.
The Retail Sales m/m data released last Friday indicated no change in consumer spending in April. Omitting automobiles, consumer spending declined.
Several FOMC committee members will be speaking later from 2205 (SGT) onwards. During this time, there may be volatility in USD.
The Retail Sales m/m data released last Friday indicated no change in consumer spending in April. Omitting automobiles, consumer spending declined.
- Core Retail Sales m/m (Actual: 0.0%, Forecast: 0.5%, Previous: 10.7% revised from 8.4%)
- Retail Sales m/m (Actual: -0.8%, Forecast: 1.0%, Previous: 9.0 revised from 9.8%)
Several FOMC committee members will be speaking later from 2205 (SGT) onwards. During this time, there may be volatility in USD.
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