HomeLive CommentsDollar drops further on retail sales miss, Empire state manufacturing index improved

Dollar drops further on retail sales miss, Empire state manufacturing index improved

Dollar weakens notably against European majors in early US session after mixed economic data releases. Headline retail sales rose 0.1% in September versus expectation of 0.7% rise. Ex-auto sales even contracted -0.1% versus expectation of 0.5% rise.

On the other hand, Empire state manufacturing index rose to 21.1, up from 19.0 and beat expectation of 20.4.

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