EUR/USD (a 4-hour chart)
In the absence of publication of interesting reports from the Euro zone, investors turned their attention to the statistics from the U.S.. Sales in the secondary housing market in January fell by 250,000 compared with December, indicating a real estate market slowing. In general, almost all the important macroeconomic reports from the United States for the first month of the year came out negative, which puts pressure on the dollar.
British National Bureau of Statistics released a report on retail sales for January. Despite the growth of incomes of the population of the United Kingdom in last year December – the retail sales came out worse than forecasts were, showing a decrease of 1.5 %. The first reaction of investors was negative and the price dropped. But then, in the case took the "bulls" who were buying British currency at low levels in the U.S. trading session "cable" could grow to 67 figures.
The pair USD/JPY is in a moderately upward trend. In the first half of the day investors focused on the trading dynamics in the stock markets. The futures Nikkei 225 growth had a positive impact on the pair. However, weak data on the real estate market in the United States slowed down the upward movement and the end of the trading day "bears" were able to regain some of the lost positions.