The dollar slid to its lowest since May after unexpectedly weak US retail sales, which led traders to further reduce the odds of a US interest-rate hike this year. The growth data shift suggests a more dovish path for rates, pressuring USD and relevant yield expectations.
The dollar slid to its lowest since May after unexpectedly weak US retail sales, which led traders to further reduce the odds of a US interest-rate hike this year. The growth data shift suggests a more dovish path for rates, pressuring USD and relevant yield expectations.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
