The FOMC meeting: any surprises for the USD?
The Federal Open Market Committee will publish its meeting minutes on February 19, at 21:00 MT time.
Another chance for the USD
The level of retail sales and core retail sales will be out on June 14, at 15:30 MT time.
The indicator of retail sales represents the change in the total value of sales at the retail level. Its core level excludes the sales of autos due to their high volatility. Last time both of the indicators came out lower than the forecasts. The level of retail sales declined to 0.2% (vs. the anticipated increase to 0.2%), while its core level advanced only by 0.1% (vs. the forecast of 0.7%). If this time the situation changes, the USD will rise.
• If the actual levels of indicators are higher than the expectations, the USD will rise;
• If the actual levels of indicators are lower than the expectations, the USD will fall.
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The FOMC meeting: any surprises for the USD?
The Federal Open Market Committee will publish its meeting minutes on February 19, at 21:00 MT time.
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TESLA needs more money
Tesla stock drops in premarket trades on Thursday. Why? See the article (it's short) and use it to your advantage.
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