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USD Moving Higher Ahead Of US Retail Sales

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 14, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    April retail sales were strong, increasing by 1.3% m/m. May advance data is expected to be released this early afternoon and market consensus is at 0.3% m/m. However, this will not affect the Fed's rate decision at the FOMC tomorrow, where it is expected rates will be kept unchanged at[​IMG]

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