US Dollar Lower Despite Strong Retail Sales, Gains on Safe Peers

Mar 12,2019 01:43   Source:Earnforex
The US dollar traded generally lower versus other most-traded currencies today, but managed to gain on safer ones, like the Japanese yen and the Swiss franc. Analysts explained such behavior by the market sentiment, which was positive to riskier higher-yielding assets. US retail sales were better than expected, but traders largely ignored the data. The Census Bureau reported that retail sales increased by 0.2% in January from the previous […]

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