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At 14:30 (GMT+2), the US will release March 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 reading is likely to adjust from 0.6% to 1.4% MoM and from 0.5% to 1.3% YoY, which may provide support for the US dollar.
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