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U.S. Dollar Rally Drives Forward as Euro Correction Continues
In yesterday’s article, we looked at the U.S. Dollar extending gains after another check of support around last Friday’s Non-Farm Payrolls report. While prices closed below resistance last week, Dollar strength has continued into this week; and at this point, the Greenback is carving out fresh 2018 highs as buyers push prices higher. This opens up a host of interesting possibilities, as a couple of key U.S. data points loom on the calendar for Friday of this week. This is when we’ll get U.S. CPI and Retail Sales data, and this can be an opportune time for the U.S. Dollar to ‘put up or shut up’ regarding ... (full story)
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