EBC Daily Snapshot Jun 19, 2024

The dollar rose on weak retail sales data, hinting at Fed rate cuts; sterling climbed as UK inflation hit 2% for the first time in nearly 3 years.

Förordning: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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Dollar’s resilience could be tested after Monday’s surge

Dollar’s resilience could be tested after Monday’s surge

Risk appetite is slightly receding today after Monday’s boost; US stocks and the dollar experienced considerable moves on Monday; US CPI in focus today, but investors are craving Fed commentary; Gold is climbing today, as oil maintains most of Monday’s gains;
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