Wed, 17 Jan 2024 13:37:27 GMT
United States Retail Sales push the Dollar up
The monthly US Retail Sales data has been published. Markets expected Retail Sales to have increased by 0.4%. The actual released number revealed an increase of 0.6%.
The US Dollar reacted to the news with a sharp surge up. The surge is attributed to the factor that higher retail sales are bound to boost inflation that would force the Federal