Dollar Falters on Soft PCE Inflation Data, Sterling Rises on Retail Sales

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2018/08/f-usd143.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2018/08/f-usd143.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/08/f-usd143-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Fresh selloff is seen in Dollar in early US session after lower than expected headline and core PCE inflation readings. While another month of progress might still be insufficient to prompt Fed for an early rate cut, at least, things are heading in the right direction. The greenback is set to end as the worst [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/532944-dollar-falters-on-soft-pce-inflation-data-sterling-rises-on-retail-sales/">Dollar Falters on Soft PCE Inflation Data, Sterling Rises on Retail Sales</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published.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