© Reuters. USD on the rise
The Dollar appreciates the us statistics published at 14: 30, as we can see with a new acceleration to the downside on EUR/USD, and a new impulse to the upside for USD/JPY.
EUR/USD is marking new lows daily at 1.1852, while USD/JPY marked a new peak at 110.30.
However, the economic indicators for US released this afternoon proved to be mixed, with retail sales below the consensus, and an index, Empire State rising in surprise.
The retail sales in US in the month of April are coming out at +0.3% versus +0.4% expected. Retail sales for the previous month have been revised up, to +0.9% vs +0.6% initially announced.
Excluding motor vehicles and energy (retail core), retail sales for the month of April increased 0.3%, against +0.5% expected. Here, too, the figures of the previous month were revised up to 0.4%.
Index Empire State, the manufacturing index for the Fed of New York has also been published at 14: 30 and for his part, posted a surprise increase, 20.10 points against 15.10 early and 15.80 previously.
The revision upward of the numbers from the previous month on the retail sales seems to have attracted more attention from traders than the slight delay compared to the consensus for the current figures, with the help of this index Empire State, which was displayed in high rise while economists were predicting a slight decline.
On the Forex, it should be noted that EUR/USD is increasing its decrease, after having already dropped below the 1.19 earlier this afternoon, after a series of european situation looks bleak, and in the face of rising rates 10-year US, again above 3%.
Same for USD/JPY, which had already started its rise and broke above 110 before the news out of the US, which allow the pair to accent her up on highs not seen since early February.
Finally, as regards the thresholds to monitor, you can identify which media to 1.1840 and 1.1822 (hollow annual 2018) on the EUR/USD pair, a resistance at 110.47 (summit 2 February) on USD/JPY.