US November retail sales data may temporarily impact the US dollar trend
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The U.S. November retail sales data, delayed due to a government shutdown, will be released tonight (UTC+8). The market expects sales to grow by 0.4% in November, compared to 0% in October. Institutions believe that although the retail sales report is an important indicator of consumer spending and demand, the delayed release reduces its potential impact on the U.S. dollar. If the actual data differs significantly from expectations, it may affect the dollar's movement in the short term; lower-than-expected data could put pressure on the dollar, while higher-than-expected data could boost the dollar.
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