US: Retail Sales (Mar) up 1.1%

FXStreet (Edinburgh) -The Commerce Department has informed that US retail sales have expanded 1.1% MoM during March. Ex autos, sales have also advanced 0.7%. Both prints surpassed estimates at 0.8% and 0.4%, respectively.

GBP/USD hits lows sub-1.6700

The GBP/USD extended its correction lower Monday although at a slower pace, with solid US retail sales data dragging the pair to fresh lows at the beginning of the American session.
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USD/JPY climbs to 102.00 on US retail sales

The US dollar got a push from the better than expected US retail sales data. Against the Japanese yen, the greenback is rallying to daily highs around 102.00.
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