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The level of US retail sales and core retail sales are due to release on December 14 at 15:30 MT time.
Last month the total value of sales at the retail level rose by a higher-than-expected level of 0.8%. In its turn, the level of core retail sales which represents retail sales excluding automobiles increased by 0.7%. It helped the USD to strengthen. If this time the indicators outperform the forecasts, it will happen again.
• If the data is higher than the forecast, the USD will rise.
• If the data is lower than the forecast, the USD will fall.
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