US retail sales rose more than expected in October

US retail sales rose a seasonally adjusted 0.8% in October from a month earlier, the Commerce Department said Tuesday. Expectations were for a 0.6% increase.

September’s sales were upwardly revised to 1.0% in September, from a previously reported 0.6% increase.     

Excluding autos, sales also grew 0.8% last month, above the 0.4% gain expected.

United States Export Price Index (YoY): -1.1% (October) vs -1.5%

United States Export Price Index (YoY): -1.1% (October) vs -1.5%
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GBP/USD heading back to 1.2400 handle after upbeat US data

The GBP/USD pair maintained its offered tone and is now heading back towards the lower end of daily trading range following the release of US economic
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