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Ready to trade the dollar for another week? Here are data points and potential catalysts that you need to watch!

Retail sales (Oct 16, 12:30 pm GMT)

Retail activity picked up by 0.4% from July to August, which is slower than the 0.8% uptick seen in the previous month but is faster than the 0.2% increase that market geeks had expected.

Core retail sales, which excludes volatile items such as gasoline and building materials, clocked in at 0.3%. That’s weaker than the 0.9% improvement seen in July!

Fortunately for dollar bulls, positive U.S.-China trade updates kept the dollar afloat during the trading session.

This time around analysts see retail sales clocking in a 0.3% growth while the core figure is seen at 0.3%. Unless there’s an unforeseen economic headline, it’s likely that the event will dictate the dollar’s intraday price action.

Manufacturing-related reports

If you’re worried about the mixed manufacturing PMIs seen earlier this month, then this week’s set of data releases should give you a clearer picture about the manufacturing sector.

First up is New York’s manufacturing index (Oct 15, 12:30 pm GMT), which could clock in at 1.1 from last month’s 2.0 index reading.

The Philly Fed manufacturing index (Oct 17, 12:30 pm GMT) on Thursday is also expected to print lower numbers compared to last month. Ditto for the industrial production report (Oct 17, 1:15 pm GMT), which could see a 0.1% decline after rising by 0.6% in August.

While these reports don’t usually affect the dollar’s price action for long, they can extend or balance out existing market themes for the dollar this week.

Make sure you stick around so you don’t miss any trading opportunity!

Missed last week’s price action? Read USD’s price recap for Oct. 7 – 11!