US Dollar Flat on Mixed Data As Market Expects Sideways Trade in Second Half

Jun 30,2019 02:17   Source:Earnforex
The US dollar ended the trading week flat against a basket of currencies as an influx of economic data came out. While spending and inflation matched market expectations, consumer sentiment was a lot lower than the median estimates. With the first half of 2019 in the history books, the market now anticipates the greenback to either weaken or trade sideways in the second half. According to the Bureau of Economic Analysis (BEA), personal income rose 0.5% in May, unchanged […]

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