US Dollar Outlook: DXY Reacts to Retail Sales, Consumer Sentiment
Summary
By sueyangfx.com July 16, 2021 at 03:54PM The US Dollar continues to trade near session highs with a miss on headline consumer sentiment data being offset by strong retail sales and rising inflation expectations. Where is the DXY headed next?
More On DailyFX - Market News
- US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?
- Supportive USD Fundamentals and DXY Setup Ahead of FOMC
July 16, 2021 at 03:54PM
The US Dollar continues to trade near session highs with a miss on headline consumer sentiment data being offset by strong retail sales and rising inflation expectations. Where is the DXY headed next?