BNB$660.23+0.51%BRENT$93.48-0.32%BTC$74,819+0.69%COPPER$6.54+1.20%DJI$52,759-1.32%DOGE$0.0821+1.09%DXY98.75-0.15%ETH$2,344+0.29%GOLD$4,538+0.48%NDX$29,213-0.72%SILVER$68.99+1.35%SOL$89.09+0.15%SPX$7,641-0.87%US10Y4.70+0.92%VIX16.01+7.52%BNB$660.23+0.51%BRENT$93.48-0.32%BTC$74,819+0.69%COPPER$6.54+1.20%DJI$52,759-1.32%DOGE$0.0821+1.09%DXY98.75-0.15%ETH$2,344+0.29%GOLD$4,538+0.48%NDX$29,213-0.72%SILVER$68.99+1.35%SOL$89.09+0.15%SPX$7,641-0.87%US10Y4.70+0.92%VIX16.01+7.52%
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Dollar Hits May Low Following Weak US Retail Sales Data

USD ↓ Strong

Key takeaways

  • USD: USD — Strong bearish
  • The dollar has dropped to its lowest level since May as disappointing US retail sales data leads traders to reduce interest rate hike expectations.
#Forex#US Dollar#Retail Sales

Analysis

The dollar has dropped to its lowest level since May as disappointing US retail sales data leads traders to reduce interest rate hike expectations.

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