[FOREX NEWS] US retail sales and inflation disappoint and drop – USD/JPY follows

Top-tier US data is released on Good Friday, a holiday in most of the world. The data came out below expectations, but the dollar is only reacting in the most obvious place: USD/JPY. Dollar/yen often best reflects American indicators. Will other currency pairs react later on? US CPI dropped 0.3% month over month, worse than 0% [...]

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[FOREX NEWS] GBP/USD: In Range N-Term; EUR/USD: A ‘Coiled Spring’ – SocGen

The pound had its time in the sun, rising to higher ground, but this was limited to the range. EUR/USD enjoyed some higher volatility but is also somewhat confined to a range. What’s next? Here is their view, courtesy of eFXnews: Societe Generale FX Strategy Research notes that while GBP has continued to be supported by resilient economic data, uncertainty [...]

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