Foreign Exchange Market Update

February 10, 2026

United States (U.S.)

The Commerce Department released a report on Tuesday showing retail sales in the U.S. were flat in December. The report stated that retail sales remained virtually unchanged in December after increasing by 0.6% in November. Excluding a 0.2% dip in sales of motor vehicle and parts dealers, retail sales remained virtually unchanged in December after increasing by 0.4% in November.

Retail sales remained unchanged, even as sales of building material, garden equipment, and supplies dealers increased by 1.2% for the second consecutive month. The jump was offset by notable decreases in sales of furniture, home furnishings stores, miscellaneous store retailers, and clothing and accessories stores.

Core retail sales, which exclude automobiles, gasoline, building materials, and food services, decreased by 0.1% in December after rising by 0.2% in November. 02/10/2026 - 09:47:00 (RTTNews)

French Jobless Rate Highest Since 2021

Euro traded at 1.1902 against USD at 9:00 AM PST

France's unemployment rate rose to the highest level in more than four years in the fourth quarter of 2025. The jobless rate rose to 7.9% in the fourth quarter from 7.7% in the third quarter. This was the highest since the third quarter of 2021, but clearly below its peak reached in the second quarter of 2015. The number of unemployed increased by 56,000 from the previous quarter to 2.5 million.

In metropolitan France, the unemployment rate climbed to 7.7% from 7.5% in the preceding quarter. The unemployment rate among people aged below 24 posted 21.5%, up from 19.1% in the third quarter. 02/10/2026 - 06:00:00 (RTTNews)