US Retail Sales are surging

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The US Dollar has surged due to the publication of the US Retail Sales data for September. In general, sales have grown more than expected, which caused a surge of the Dollar index.

Month-on-month retail sales have increased by 0.4% instead of forecast 0.3%. Meanwhile, the Core Retail Sales that exclude auto sales have grown by a staggering 0.5% instead of expected 0.1%.

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