HomeLive CommentsUS retail sales and import price missed expected, Dollar shrugs

US retail sales and import price missed expected, Dollar shrugs

ActionForex
By ActionForex

US headline retail sales rose 0.1% mom in August, below expectation of 0.4% mom. Ex-auto sales rose 0.3% mom, below expectation of 0.5% mom. Also from US, import price index dropped -0.6% mom versus expectation of -0.2% mom.

Dollar is unbothered by the data misses. Instead it’s trying pare back some of the losses in the past two days.

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