Retail
sales in the United States saw a rise in line with forecasts in January, buoyed
by higher spending on food and furniture.

The
volume of retail sales soared 0.3 percent last month, while the previous
reading was 0.3 percent was revised down to 0.2 percent increase.

Core
retail sales also edged up 0.3 percent from a downwardly revised of 0.6 percent
soar. That also matched analysts’ forecasts. .

Another
report from the U.S. showed that import prices stalled in January, following a
0.2 percent surge a month earlier.

The dollar index
traded slightly lower 98.94, after hitting a peak of 99.03, set for its sixth
weekly from seven, as of 13:50 GMT.

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