US Retail Sales Jump in Sign of Consumer Resilience, but Fail to Boost the Dollar
[ad_1] US RETAIL SALES KEY POINTS: October U.S. retail sales grow by 1.3%, three tenths of a percent above expectations Strong data suggests that the U.S. consumer remains resilient despite…
US Dollar Outlook Turns Bearish as Slowing Inflation May Further Weigh on Yields
[ad_1] US DOLLAR WEEKLY FORECAST: SLIGHT BEARISH The U.S. dollar plummeted this week following weaker-than-expected U.S. inflation data Slowing price pressures may lead the Federal Reserve to adopt a less…
US Consumer Sentiment Falls to Lowest Level Since July, Reinforcing US Dollar Weakness
[ad_1] CONSUMER SENTIMENT KEY POINTS: November consumer sentiment falls to 54.7 from 59.9 in October, well below market expectations The pullback in confidence suggests Americans are becoming more pessimistic about…
US Inflation Falls to 7.7% from 8.2%. What’s ahead for the Fed and the US Dollar?
[ad_1] INFLATION DATA KEY POINTS: October U.S. inflation rises 0.4% on a monthly basis and 7.7% compared to one year ago. Analysts were expecting the headline print to clock in…
Binance Agrees to Acquire FTX, Bailing Out its Rival to Plug a Liquidity Hole
[ad_1] Most Read: Bitcoin (BTC) Slumps as FTX and Binance Spat Hits Market Sentiment Digital assets were posting heavy losses in early trading Tuesday on speculation of FTX cryptocurrency exchange…