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Dollar waits on the next big data to vindicate further downside

And we won't have to wait long for that, with US retail sales data coming up later today. The dollar is already getting bodied against major currencies, as markets build on the softer CPI report earlier this week.The question now though is, are we at the stage where bad news is bad news again? This was already a topic last week as mentioned here. And with Fed pricing looking like this, it's easier to lean towards a shift in the narrative. That said, I would argue that we are still at some transi... Read More

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Content Topics

Dollar

Waits

Data

Vindicate

Further

Downside

Forex

Posted: Apr 14 2023, 04:41

Author Name: forexlive

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