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A light one on the data docket in Europe today

A light one on the data docket in Europe today
Dollar bulls kept the faith in trading yesterday after a good set of US data releases, headlined by the retail sales report here. Odds of a 25 bps rate hike for next month moved up slightly but is now still just showing an 18% probability.Some Fedspeak also helped to move the needle a little but for now, markets are still largely convinced that a pause is coming at least. Equities were slightly upset though but US futures are nudging a little higher again today. Meanwhile, major currencies aren'... Read More
Posted: May 17 2023, 04:12
Author Name: forexlive
Views: 081532

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