Category forex

Dollar Steady As Equities Dip

European indices fall, led by DAX and CAC 40 The dollar remains steady as European equities dip lower, driven by a decline in tech shares. The DAX and CAC 40 are both down 0.8%, while US futures are also seeing red with S&P 500 futures down 0.2% and Nasdaq futures down 0.8

US Retail Sales Expected to Stagnate

June US Retail Sales may stagnate at 0.0% month-on-month The US Retail Sales are expected to stagnate at 0.0% month-on-month in June. This forecast is lower than the consensus estimate of 0.2%. The weakness is led by the control group, negative gasoline sal