US retail sales rose by 0.2%
Today was published important statistics on retail sales in the United States, which in November rose by 0.2%, in line with analysts' forecasts. At the same time, retail sales excluding auto sales increased by 0.4%, which is 0.1% better than analysts' expectations. It is worth noting that the producer price index increased in November by 0.3%. These indicators point to improvements in the economy of America and increase the likelihood of the Fed raising interest rates on Wednesday. We maintain a medium-term negative outlook for the euro with the objectives of 1.02 and 1.05, but do not rule out its growth in the next week.
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