The dollar index continued to respect its daily resistances
Forex markets remained range-bound as more and more investors became uncertain about the future path of the interest rates in the United States of America due to divided Fed.
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The dollar suffered a double whammy: Trump chaos, Fed minutes
The dollar pounded against six major currencies by the end of manufacturing council announced by Trump and dovish FOMC July minutes.
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The buck rallied to a new high from last week on better-than-expected retail sales
S. July retail sales increased 0.6% month over month and which was released Tuesday and better than expected. Therefore, the buck bounced back strongly to a new high from last week
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The dollar rebounded amid less risk aversion
The dollar benefited from safe-haven currencies’ sell-off and reclaimed circa 93.46 after rebound and regain of lost ground last Friday.
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The dollar resumed downtrend on inflation data, more weakness to come
The dollar was pressured by bad U.S. July CPI and resumed downtrend, potentially targeting lows so far the year.
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The dollar pressured by disappointed PPI; traders await CPI
The dollar started to turn lower. The slowdown in PPI (MoM) yesterday did not bode well for the upcoming CPI today.
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