Institution: US retail sales data expected to only briefly impact the dollar's trend
According to Odaily, due to the government shutdown, the delayed US November retail sales data will be released tonight. The market expects a slight increase of 0.4% in November sales, while the recorded figure for October was 0%. Although the retail sales report is a key indicator for measuring consumer spending and demand, the impact potential on the US dollar is reduced due to the delayed release. However, some institutions expect that the difference between the actual retail sales data and the expected value will still have a decisive impact on the movement of the US dollar. If the report results are far below expectations, it may put pressure on the US dollar; if the data is much higher than expected, it should boost the US dollar. Overall, however, this reaction may only last in the short term, as investors' attention remains elsewhere. (Golden Ten Data)
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