Retail Sales in the US fell more than expected in November. US Dollar Index remains depressed around 90.30 after the data. Retail Sales in the US declined by 1.1% in November to $546.5 billion, the data published by the US Census Bureau showed on Wednesday. This reading followed October’s fall of 0.1% and came in worse than the market expectation for a decrease of 0.3%. Additional takeaways “Total sales for the September 2020 through November 2020 period were up 5.2% from the same period a year ago.” “Retail trade sales were down 0.8% from October 2020, but 7.1% above last year.” “Nonstore retailers were up 29.2% from November 2019, while food services and drinking places were down 17.2% from last year.” Market reaction The US Dollar Index showed no immediate reaction to this report and was last seen losing 0.22% on the day at 90.27. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Canada: Annual CPI rises to 1% in November vs. 0.8% expected FX Street 2 years Retail Sales in the US fell more than expected in November. US Dollar Index remains depressed around 90.30 after the data. Retail Sales in the US declined by 1.1% in November to $546.5 billion, the data published by the US Census Bureau showed on Wednesday. This reading followed October's fall of 0.1% and came in worse than the market expectation for a decrease of 0.3%. Additional takeaways "Total sales for the September 2020 through November 2020 period were up 5.2% from the same period a year ago." "Retail trade sales were down 0.8% from October 2020, but 7.1% above last… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
