OVERVIEW The US dollar is trading relatively softer vis-à-vis the G-10 currencies as retail sales eked out tiny gains. GBP/USD waits in the 1.30 zone as investors look to the new parliament vote NYMEX WTI Crude rises 1.40% and supporting commodity-related currencies.
The Dollar was choppy in N.Y. trade on Monday, though in the scheme of things, was relatively range bound. The DXY opened over 97.38, then dropped to 97.20, bounced to 97.37, before ending near 97.20. U.S. retail sales were mixed, and had little impact on the Dollar. Wall Street started mixed, with the Dow underperfoming […]
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