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The U.S is swimming in news as releases on Retail Sales, Producer Price Index and Jobless claims come out.

US unemployment rate fell 44,000

The U.S is swimming in news as releases on Retail Sales, Producer Price Index and Jobless claims come out. 

Consumer spending stayed at 0.5% as expected, from 0.9%; as jobless claims fell to 434,000 from 478,000; a little higher than expected at 430,000.

Producer Price Index rose from 0.6% forecast and from the previous 0.7% to 0.8%, marking it good for the currency. 

The US Dollar is trading at 1.4179 with the European currency; while at 1.6254 with the British Pound.

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