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EURUSD: US Retail Sales

Written By Dukascopy Bank Team | 2018-04-16 11:36:58 GMT

The Census Bureau released two reports simultaneously, from which Retail Sales data came out better-than-expected, but Core Retail Sales came out in line with forecasts. However, data was more like positive, the US Dollar lost its strength, which can be explained with the fact, that Federal Reserve Bank of New York revealed lower-than-expected Empire State Manufacturing Index data, even though index above zero indicates positive result overall.

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By Dukascopy Bank Team
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