Retail Inventories excl. Autos m/m comes in at 0.7%
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The latest US Retail Inventories excluding Autos month over month data showed an increase of 0.7%. This follows the previous month’s figure of -0.4%. No consensus figure was available for comparison.
Market reaction in the 15 minutes following the release was limited across most major USD pairs. AUDUSD moved -1.9 pips, EURUSD moved +0.1 pips, and GBPUSD moved -1.8 pips. NZDUSD saw a -0.1 pip change, while USDCAD moved -1.8 pips. USDCHF changed by -1.4 pips, and USDJPY moved -0.3 pips. XAUUSD saw a -60 pip move. For context, after past releases, the median 1-hour move for AUDUSD has been 8 pips, for EURUSD 10 pips, for GBPUSD 13 pips, for NZDUSD 7 pips, for USDCAD 11 pips, for USDCHF 9 pips, and for USDJPY 10 pips. XAUUSD has seen a median 1-hour move of 33 pips. The measured moves for most pairs so far are smaller than their respective median 1-hour moves after past releases.