US January retail sales came in stronger than expected by Dollar shrugs. Headline retail sales rose 0.2% mom in January versus expectation of -0.1% mom. Ex-auto sales jumped sharply by 0.9% mom versus expectation of 0.3% mom. However, prior month’s headline sales was revised down from -1.2% mom to -1.6% mom. Ex-auto sales was also revised down from -1.8% mom to -2.1% mom.
