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Dollar: Retail Sales Pave Way for More Optimism from Fed

posted by Avatar fx360 699 days ago in USD, Daily made popular 699 days ago

Stronger U.S. retail sales numbers helped to drive the dollar higher against all of the major currencies. As usual, we expect the dollar to sustain its gains against the Japanese Yen but the dollar's strength against higher yielding currencies should be limited once U.S. equity markets open as a recovery in risk appetite encourages flows out of
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