Here is what you need to know on Thursday, February 15: The US Dollar failed to build on Tuesday gains and the USD Index closed in negative territory on Wednesday as the risk mood improved in the American session.Eurostat will release Trade Balance data for December in the European session. Later in the day, January Retail Sales and Industrial Production data will be featured in the US economic docket, alongside the weekly Initial Jobless Claims.
For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR /JPY . The UK's Office for National Statistics reported on Thursday that the Gross Domestic Product contracted at an annual rate of 0.2% in the fourth quarter. This reading followedthe 0.3% expansion recorded in the previous quarter and came in weaker than the market expectation for a 0.1% growth.
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