U.S. Dollar Trading (USD) was on the back foot in the risk on environment with the market selling before the FOMC statement but buying back after. Strong November Retail Sales at 0.8% vs. 0.6% helped to push US stocks to fresh year highs. In US stocks, DJIA +47 points closing at 11476, S& P +1 points closing at 1241 and NASDAQ +2 points closing at 2627. Looking ahead, November CPI is forecast at 0.2% vs. 0.2% previously.
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