May 17, 2022
US retail sales data for April was released at 1:30 pm BST. Report came in line with expectations and did not trigger any major moves on the markets. Highlights of the report:
• Headline: 0.9% MoM vs 0.9% MoM expected (0.7% MoM previous)
• Ex-autos: 0.6% MoM vs 0.4% MoM expected (1.4% MoM previous)

EURUSD saw relatively small reaction to today’s data inflation release. The most popular currency fell slightly to 1.0530 level. Source: xStation5
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