US Retail Sales rise by 0.1% in April vs. 0% expected
Source Fxstreet
- Retail Sales in the US rose slightly in April.
- The US Dollar Index stays under modest bearish pressure below 101.00.
Retail Sales in the United States (US) rose by 0.1% in April to $724.1 billion, the US Census Bureau announced on Thursday. This reading followed the 1.5% increase (revised from 1.4%) recorded in March and came in slightly better than the market expectation for a no change. On a yearly basis, Retail Sales were up 5.2%.
"Total sales for the February 2025 through April 2025 period were up 4.8% from the same period a year ago," the press release read. "Retail trade sales were down 0.1% from March 2025, and up 4.7% from last year."
Market reaction
The US Dollar Index struggles to gain traction after this report and stays in negative territory below 101.00.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
The Bitcoin bull market looks to be back following BTC’s surge above $100,000. With market participants again accumulating following this recent rally, crypto pundit Ardizor has revealed when to
XRP’s price has climbed to $2.61 in the last 24 hours, and has been able to keep a steady pace, registering a 22% gain over the past seven days. Traders are piling into futures contracts. A notable
EUR/USD trimmed momentum sharply on Wednesday, sticking to a flat holding pattern near the 1.1200 handle despite an early pop in bids. European economic data has been largely a non-starter this week, as is typical.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.55 during the Asian trading hours on Thursday. The WTI price tumbles amid a surprise rise in US crude oil inventories and renewed demand concerns.
Bitcoin whales resume holding despite increased long-term holders' spendingBitcoin (BTC) is trading around $103,600, down 0.5% on Wednesday amid a decline in the general crypto market. Bitcoin whale inflows to Binance have dropped, signaling a shift toward holding despite increased spending among long-term holders (LTH).
Bitcoin (BTC) is trading around $103,600, down 0.5% on Wednesday amid a decline in the general crypto market. Bitcoin whale inflows to Binance have dropped, signaling a shift toward holding despite increased spending among long-term holders (LTH).
