- Retail Sales in the US rose less than expected in May.
- US Dollar Index retreated below 105.50 after the data.
Retail Sales in the United States rose 0.1% on a monthly basis in May to $703.1 billion. This reading followed the 0.2% decline recorded in April and came in slightly below the market expectation for an increase of 0.2%.
"Total sales for the March 2024 through May 2024 period were up 2.9% from the same period a year ago," the publication read. "Retail trade sales were up 0.2% from April 2024, and up 2.0% above last year."
Market reaction to US Retail Sales
The immediate reaction to this report caused the US Dollar to weaken against its rivals. The US Dollar Index retreated from daily highs after the data and was last seen flat on the day at 105.35.
US Dollar PRICE Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the Swiss Franc.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.08% | 0.17% | 0.06% | 0.09% | -0.15% | 0.31% | -0.35% | |
| EUR | -0.08% | 0.08% | -0.02% | 0.01% | -0.26% | 0.24% | -0.43% | |
| GBP | -0.17% | -0.08% | -0.12% | -0.07% | -0.33% | 0.17% | -0.52% | |
| JPY | -0.06% | 0.02% | 0.12% | 0.04% | -0.22% | 0.27% | -0.43% | |
| CAD | -0.09% | -0.01% | 0.07% | -0.04% | -0.25% | 0.19% | -0.45% | |
| AUD | 0.15% | 0.26% | 0.33% | 0.22% | 0.25% | 0.48% | -0.22% | |
| NZD | -0.31% | -0.24% | -0.17% | -0.27% | -0.19% | -0.48% | -0.68% | |
| CHF | 0.35% | 0.43% | 0.52% | 0.43% | 0.45% | 0.22% | 0.68% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
