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At 15:30 (GMT+2), the US will release January retail sales data, which measures the volume of all goods sold by retailers across a sample of stores of different types and sizes — a key indicator of consumer spending that has a significant impact on gross domestic product (GDP). The value is likely to adjust from 0.0% to −0.3% MoM and remain around 0.0% on a core basis, which could exert pressure on the dollar exchange rate.
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