The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!
US Inflation & Retail Sales
|February 14 will be full of events. At 15:30 MT time, American statistical services will deliver four data releases, which will be important for the US dollar. Consumer price index will be counted 2 times: as CPI and core CPI (excluding food and energy). These are key inflation gauges that are closely monitored by the Federal Reserve.|
|Retail sales come in 2 types as well: retail sales and core retail sales (excluding automobiles). The data show the economic activity of the US population.|
|Actual numbers that are better than forecast ones will lead the US dollar to the upside. However, with so many releases at the same time, the probability that they will all be good isn’t very high.|
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Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!