©Reuters. Euro falls after US retail sales figures
Frankfurt (Germany), Jan 14 (.).- The euro has depreciated this Friday below 1.1450 dollars after the US retail sales figures for December were worse than expected.
The euro was trading at $1.1430 around 4pm GMT, versus $1.1465 in late European forex trading the previous day.
The European Central Bank (ECB) set the reference exchange rate for the euro at 1.1447 dollars.
Retail sales fell 1.9% in the US in December, compared to the previous month, and consumer confidence, an index published by the University of Michigan, fell to 68.8 points in January, the lowest level for more than ten years, from 70.6 points in December, after the increase in coronavirus infections and inflation.
The single currency was traded in a trading band between $1.1424 and $1.1483.
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