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U.S. Retail Sales Tops Expectations in November, FOMC Takes Center Stage

From dailyfx.com

Advance retail sales in the world’s largest economy rose 0.8 percent in November after climbing a revised 0.8 percent the month prior, while retail sales less autos jumped 1.2 percent to mark the highest level since March. Subsequent to the report, the dollar rallied across most of its major counterparts, but the advance was short-lived as traders shift their focus to the FOMC rate decision. (full story)

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  • Category: Breaking News