ForexLive North American Wrap: Retail Sales Rise

Dec US retail sales ex autos/gas/bldg +0.6% vs +0.3% exp Eurogroup's Juncker: Euro FX rate “dangerously high”–BBG EU's Rehn: Euro area debt sharing requires more budget oversight–BBG Fed's Rosengren: Scope to increase QE if jobs don't improve Empire Fed January -7.78 vs 0 exp US Dec PPI +1.3% y/y vs +1.4% y/y exp US Nov business inventories +0.3%, as expected BOJ to commit to 2% inflation target – Jiji Fitch: US will be put on negative watch if no debt ceiling deal–CNBC Fitch: UK risks losing AAA-rating CREA Canadian home price index +3.3% y/y in Dec S&P 500 up 0.1% to 1472 JPY leads, CHF lags