US retail sales rise 0.1% in November, below expectations

US retail sales rose a seasonally adjusted 0.1% in November from a month earlier to $465.5 billion, the Commerce Department said Wednesday.

This reading comes below the 0.3% expected by analysts and below the 0.6% growth seen in October, which was downwardly revised from 0.8% initially estimated. From a year earlier, sales increased 3.8%     

Excluding auto and parts purchases, sales rose 0.2%, also below the 0.4% expected.    

United States Retail Sales (MoM) below expectations (0.3%) in November: Actual (0.1%)

United States Retail Sales (MoM) below expectations (0.3%) in November: Actual (0.1%)
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GBP/USD jumps to 1.2700 neighborhood after disappointing US retail sales

Having posted a session low at 1.2635 level, the GBP/USD pair reversed its course and jumped to 1.2700 neighborhood following the release of US monthl
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