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US total retail sales rose 1.4% in March, beating the expected 1.3% after rising 0.2% a month earlier. On an annualised basis, sales rose 4.4%, the fastest pace since December 2023, which contrasted with the slowdown in inflation to 2.4% y/y. The acceleration in American spending can be attributed to a desire to stock up […]

The post US Sales Jump Gives USD Relief, But Driven by Fears appeared first on Action Forex.

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