Compulsions can be hard to resist
-
US dollar rebounds on higher expectations for Fed hike in May
The dollar bounced from a one-year low on Monday as resilience in core U.S. retail sales, a rise in short-term inflation expectations and impressive Wall Street bank earnings raised marThe dollar bounced from a one-year low on Monday as resilience in core U.S. retail sales, a rise in short-term inflation expectations and impressive Wall Street bank earnings raised market expectations for an interest rate hike in May. While U.S. retail sales fell more than expected in March, so-called core retail sales, which excludes automobiles, gasoline, building materials and food services, slipped just 0.3 per cent last month, ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Apr 17, 2023 7:25am Apr 17, 2023 7:25am
- trumps
- Joined Mar 2020 | Status: Member | 541 Comments | Online Now
- Comment #2
- Quote
- Apr 17, 2023 7:29am Apr 17, 2023 7:29am
- trumps
- Joined Mar 2020 | Status: Member | 541 Comments | Online Now
Compulsions can be hard to resist