US Retail Sales can breathe new life on the Dollar but the bias is negative

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Mixed performances has been the theme of the week for the major instruments we monitor every day and this was the case yesterday as well. In a day where the focus was on the Pound and the BoE comments after their rate decision the currency markets remained within their trading ranges as it is now clear that traders’ attention is on the Retail Sales report today. The US Dollar had been under pressure during the earlier sessions of the year and that allowed the likes of the Euro, the Pound and

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