Monthly Retail Sales in US contracted unexpectedly in February. US Dollar Index stretches higher despite uninspiring data. Retail Sales in the United States declined by 0.5% on a monthly basis in February following January’s increase of 0.6%, the data published by the US Census Bureau showed on Tuesday. This reading came in worse than the market expectation for an expansion of 0.2%. On a yearly basis, Retail Sales rose by 4.9% in the same period. “Total sales for the December 2019 through February 2020 period were up 4.9% from the same period a year ago,” the publication further read. USD reaction Despite the disappointing data, the US Dollar Index continues to push higher and was last seen adding 1.52% on the day at 99.50. 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 Gold off lows, still in the red around $1485 region FX Street 2 years Monthly Retail Sales in US contracted unexpectedly in February. US Dollar Index stretches higher despite uninspiring data. Retail Sales in the United States declined by 0.5% on a monthly basis in February following January's increase of 0.6%, the data published by the US Census Bureau showed on Tuesday. This reading came in worse than the market expectation for an expansion of 0.2%. On a yearly basis, Retail Sales rose by 4.9% in the same period. "Total sales for the December 2019 through February 2020 period were up 4.9% from the same period a year ago," the publication further read. USD… 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.
