The EUR/USD pair advanced to 1.1992 this Thursday, a fresh April high, but it is retreating just modestly. In the view of FXStreet’s Chief Analyst Valeria Bednarik, bulls won’t give up easily. US Retail Sales jumped to 9.8% in March, beating the market’s expectations “Germany published March inflation figures. The annual Consumer Price Index matched the expected 1.7% YoY.” “As for US data, March Retail Sales sharply recovered, printing at 9.8%, much better than the 6.3% anticipated. Initial Jobless Claims contracted to 683K in the week ended April 9, also beating expectations, while the Philadelphia Fed Manufacturing Survey came in at 50.2 in April. The country will later publish March Industrial Production and Capacity Utilization.” “The EUR/USD pair retains its near-term bullish stance, as it consolidates at the upper end of its monthly range.” “A corrective decline could come on a break below the 1.1940 support, while bulls will retake the lead on a break above 1.2010.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD clings to gains around 0.7750 after US data dump FX Street 2 years The EUR/USD pair advanced to 1.1992 this Thursday, a fresh April high, but it is retreating just modestly. In the view of FXStreet's Chief Analyst Valeria Bednarik, bulls won't give up easily. US Retail Sales jumped to 9.8% in March, beating the market's expectations "Germany published March inflation figures. The annual Consumer Price Index matched the expected 1.7% YoY." "As for US data, March Retail Sales sharply recovered, printing at 9.8%, much better than the 6.3% anticipated. Initial Jobless Claims contracted to 683K in the week ended April 9, also beating expectations, while the Philadelphia Fed Manufacturing… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
