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Strong retail sales pour more cold water on Fed rate cut hopes

Dollar gains as US retail sales beat estimates. Probability for Fed rate cut in March declines further. Yen falls further ahead of Japan’s National CPI data. Pound and euro recover some lost ground.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an u...

Broadcast on:
18 Jan 2024

Dollar gains as US retail sales beat estimates. Probability for Fed rate cut in March declines further. Yen falls further ahead of Japan’s National CPI data. Pound and euro recover some lost ground.

Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

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