USD Holds Narrow Range Against Majors as Retail Sales Data Looms

The Dollar trades near flat ahead of June U.S. retail sales figures, with most pairs moving less than 0.1% early Tuesday. The USD shows minimal movement against major currencies, with GBPUSD down 0.30% and USDCHF up 0.19% as the session begins. Most pairs remain within 0.0

The Dollar trades near flat ahead of June U.S. retail sales figures, with most pairs moving less than 0.1% early Tuesday.

The USD shows minimal movement against major currencies, with GBPUSD down 0.30% and USDCHF up 0.19% as the session begins. Most pairs remain within 0.09% of unchanged levels, reflecting cautious trading ahead of key economic data.

June U.S. retail sales figures are set for release later today, offering insight into consumer spending trends. The report follows mixed signals from recent economic indicators, with markets watching for signs of resilience or slowdown in the world’s largest economy.

Crude oil prices edge higher amid geopolitical tensions after reported attacks on Iranian targets, though currency markets show limited reaction to the news so far.

Leave a Reply

Your email address will not be published. Required fields are marked *