Forex traders are awaiting the U.S. retail sales

Forex traders are awaiting the U.S. retail sales report at 8.30 a.m. EDT. For now, the dollar is higher versus euro and pound on renewed market pessimism, supporting flows to the safe haven U.S. currency. Thu morning, EUR/USD was at 1.2788 from 1.2854 late Wed, and USD/JPY was at 96.61 from 97.27, according to EBS. EUR/JPY was at 123.55 from 125.10. GBP/USD was at 1.3775 from 1.3884, and USD/CHF was at 1.1570 from 1.1522 Wed.