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EUR/USD reacts to US Retail Gross sales

Wed, 15 Dec 2021 13:40:24 GMT

Supply: Dukascopy Financial institution SA

At 13:30 GMT on Wednesday, the publication of the US Retail Gross sales induced a drop of the USD worth.

The EUR/USD surged 13 base factors or 0.12% within the first 5 minutes after the info launch.

Retail gross sales had elevated in November by 0.3%, in comparison with the forecast of 0.8%. In the meantime, Core Retail Gross sales additionally got here in at 0.3% as an alternative of a forecast of 0.9%.

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