US retail sales »

  • XM Markets UUIIFXBR

    The dollar was broadly weaker today, allowing the euro to bounce off a 12-year low. Disappointing US retail sales data did not help. February sales figures showed a decrease of 0.6%, contrary to forecasts for an increase 0.3%. Last month’s []

  • H.S. Borji

    US business inventories were unchanged in January and were revised down in December, suggesting businesses had less incentive to restock their shelves at the start of the year. Business inventories – an indicator of stockpiles held by manufacturers, retailers and wholesalers that is used to calculate gross domestic product – were unchanged at $1,761.7 billion

  • H.S. Borji

    The USDCAD declined further on Friday and was trading at daily lows in the North American session, as investors continued to reduce their bets on the US dollar following disappointing retail sales and consumer confidence data. The USDCAD bottomed out at 1.2439 on Friday. It would subsequently consolidate at 1.2439, declining 0.58 percent. The pair

  • H.S. Borji

    US business inventories rose slightly in December, a sign stockpile accumulation was playing a lesser role in economic growth in the fourth quarter. Business inventories – an indicator of stockpiles held by manufacturers, retailers and wholesalers that is used to calculate gross domestic product – increased 0.1 percent to $1,764.4 billion in December, following a

  • H.S. Borji

    US retail sales declined more than forecast in December, while the annual rate of growth was the slowest since the 2009, in the latest sign cautious consumers were pinching their pennies at the end of the holiday season. Retail revenues in the United States declined 0.9 percent to $442.9 billion in December, the Commerce Department

  • H.S. Borji
    Business » US retail sales surge in November
    H.S. Borji - December 11, 2014, 15:31 GMT

    US retail sales advanced faster than forecast in November, as consumers opened up their wallets for the holidays amid improving wages and more plentiful jobs, a sign the US economy was firming at the end of the year. Retail revenues in the United States rose 0.7 percent to $449.3 billion in November, following an upwardly

  • H.S. Borji
    Forex » USD: Dollar pacing toward weekly gain
    H.S. Borji - November 14, 2014, 19:19 GMT

    The US dollar pared gains against a basket of currencies Friday, easing off the 88.00 level amid a steam of upbeat economic data. The greenback is on pace for a weekly gain of around 0.2 percent, as investors look ahead to an active third week of November headlined by factory, housing and consumer inflation data.

  • H.S. Borji

    US business inventories rose steadily in September, confirming that stockpile accumulation contributed positively to economic growth in the third quarter, although the impact was smaller than in the second quarter. Business inventories – an indicator of stockpiles held by manufacturers, retailers and wholesalers that is used to calculate gross domestic product – increased 0.3 percent

  • H.S. Borji
    Forex » EUR/USD rallies, hits 3-week high
    H.S. Borji - October 15, 2014, 15:05 GMT

    The euro soared against the US dollar Wednesday, as weak US retail sales and business inventories data continued to push back expectations of a rate hike by the Federal Reserve. The EURUSD advanced more than 100 pips to reach an intraday high of 1.2887. The pair would subsequently consolidate at 1.2770, advancing 0.9 percent. The

  • H.S. Borji

    US business inventories rose less than expected in August, a sign inventory accumulation was contributing to economic growth in the second half of the year, but at a slower rate than the second quarter. Business inventories – an indicator of stockpiles held by manufacturers, retailers and wholesalers that is used to calculate gross domestic product

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