Tuesday, November 15, 2016

Dollar index above 100 after retail sales; Fed hike bets up


Investing.com – The dollar moved back above the 100 mark after stronger-than-forecast retail sales.
The was up 0.20% at 100.23 at 09:45 ET. It rose 0.46% to 108.90 yen.
The index hit a high of 100.24 on Monday and was in sight of 14-year highs.
Retail sales in October were up 0.8% vs. forecast gain of 0.6%.
The September sales figures were revised upward to a gain of 1.0% from an initial reading of 0.6%.
Investing.com’s Fed Rate Monitor Tool shows 85.8% chance of December , up from 81.1 prior to data.



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Dollar index above 100 after retail sales; Fed hike bets up

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