Retail Inventories excl. Autos m/m comes in at 0.1%
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The latest Retail Inventories excluding Autos month over month for the United States came in at 0.1% for September. This figure follows the previous month’s reading of 0.8%. No consensus figure was available for comparison.
Following the release, the US Dollar showed weakness against several major currencies. AUDUSD rose 14 pips 15 minutes after the release, while EURUSD gained 15 pips, and GBPUSD increased by 15 pips. NZDUSD advanced 13 pips. Against the Canadian Dollar, the US Dollar fell 20 pips, and against the Swiss Franc, it dropped 17 pips. USDJPY declined 25 pips. Gold, XAUUSD, saw a significant rise of 207 pips. For AUDUSD, NZDUSD, USDCAD, USDCHF, and USDJPY, these moves were at or above the top-quarter of historical 1-hour moves observed after similar releases. EURUSD and GBPUSD moves were above their respective median 1-hour moves, but below their top-quarter thresholds. XAUUSD’s move was substantially larger than its typical top-quarter move of 59+ pips.