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Forex: EUR/USD muted after US retail sales

FXstreet.com (Barcelona) - The bloc currency kept the range on Friday after the 0.4% monthly contraction of the US retail sales, missing estimates at 0.0% and coming from 1.0% (revised). Stripping the automobile sector, sales also contracted 0.4% from February’s 1.0% advance.

Further data showed that Producer Prices dropped 0.6% on a monthly basis and 1.1% over the last twelve months. The flash Reuters/Michigan consumer sentiment index is next, expected at 78.5 in April, a tad lower than the previous print at 78.6

The cross is now down 0.39% at 1.3048 and a dip beyond 1.3044 (low Apr.11) would bring 1.3006 (low Apr.9) and then 1.2980 (MA10d).
On the upside, resistance levels line up at 1.3138 (high Apr.11) ahead of 1.3140 (MA55d) and finally 1.3150 (MA100d).

Forex: USD/CAD jumps to 1.0130/34 on US retail sales data

The USD/CAD jumped nearly 15 pips during the onset of US trading after a tranche of US indicators were revealed to investors Friday. This move comes on the heels of an uptrend, which the pair had been engaged in since the European session. At the time of writing, the cross is now steadfastly rising to 1.0130/34, having notched an advance of +0.28% above its opening.
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Forex: USD/CHF rises to 0.9323/25 after Eurogroup statement

The USD/CHF briefly fell below the 0.9310 level during US trading before surging upwards after the data release in the United States. In these moments, the cross has built on its solid gains earlier today, having secured a gain of +0.16% and operating at 0.9323/25.
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