The pair remained apathetic above 1.1700 on US data releases. USD is staging a rebound from lows and is now testing 94.50/55. US headline Retail Sales expanded in line with estimates 0.5% MoM. EUR/USD keeps the positive stance intact at the beginning of the week, although it has now receded from tops beyond 1.1720 in the wake of US data releases. EUR/USD maintains 1.1700 on data The pair trades in the area of 3-day peaks after US headline Retail Sales expanded at a monthly 0.4% during June and Core Sales rose 0.5% inter-month, both prints coming in in line with initial estimates. In addition, the NY Empire State manufacturing index came in above expectations at 22.60 for the current month, a tad lower than June’s 25.00 reading. Looking ahead, spot is poised to remain under scrutiny in light of headlines from the Trump-Putin meeting and the upcoming testimonies by Fed’s J.Powell on Tuesday and Wednesday. EUR/USD levels to watch At the moment, the pair is gaining 0.21% at 1.1714 and a break above 1.1726 (high Jul.16) would target 1.1735 (55-day sma) en route to 1.1792 (high Jul.9). On the other hand, the immediate support aligns at 1.1657 (21-day sma) seconded by 1.1615 (low Jul.13) and finally 1.1527 (low Jun.29). 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 China: Import and export growth slows – ABN AMRO FX Street 5 years The pair remained apathetic above 1.1700 on US data releases. USD is staging a rebound from lows and is now testing 94.50/55. US headline Retail Sales expanded in line with estimates 0.5% MoM. EUR/USD keeps the positive stance intact at the beginning of the week, although it has now receded from tops beyond 1.1720 in the wake of US data releases. EUR/USD maintains 1.1700 on data The pair trades in the area of 3-day peaks after US headline Retail Sales expanded at a monthly 0.4% during June and Core Sales rose 0.5% inter-month, both prints coming in in line with… 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.
