Reply #14: Dollar little moved by retail sales data [View All]

[UpInArms]

http://cbs.marketwatch.com/news/newsfinder/pulseone.asp?dateid=38365.3663548495-830958300&siteID=mktw&scid=0&doctype=806&

NEW YORK (CBS.MW) - The dollar failed to react much to in-line December retail sales data on Thursday, keeping a slight upward trend against the euro and the yen on short-covering after yesterday's drop. The greenback fell sharply Wednesday on news of a wider than expected November U.S. trade deficit. The dollar was down 0.2 percent at 102.54 yen and the euro was down 0.2 percent at $1.3230.

what they're not saying here is that a .3% increase for DEC sales is crappy :eyes:

on edit:

they address that here with the Treasuries:

10-year Treasury up on ex-autos retail, jobless claims

http://cbs.marketwatch.com/news/newsfinder/pulseone.asp?dateid=38365.3676410301-830958369&siteID=mktw&scid=0&doctype=806&property=symb&value=&categories=&

CHICAGO (CBS.MW) -- Benchmark 10-year Treasury notes rose Thursday on the back of data showing an anemic retail sales gain outside of the volatile auto category and a rise in the weekly number of jobless benefits applications. The 10-year note was up 7/32 at 100 10/32. Its yield ($TNX) fell to 4.21 percent vs. 4.24 percent at Wednesday's close. Short-term notes continue to lag the longer end of the maturity curve amid expectations the Federal Reserve will continue to raise interest rates. The 2-year note was unchanged at 99 19/32, yielding 3.21 percent.