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        US dollar slipped after the US inflation and retail sales data released earlier


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The dollar fell on Friday, against the yen from yesterday's two-month high hit down, against the euro weakness, after the US data released less than expected, so investors questioned the US Federal Reserve Board (FED / Fed) will use hawkish position Until the end of the year.

The US core consumer price index (CPI) rose 1.9% yoy in April, the smallest increase in October 2015, and Reuters interviewed an estimated 2%.

In addition, the US Department of Commerce announced that April retail sales growth of 0.4%, March data was revised for the growth of 0.1%, Reuters interview analysts estimate retail sales in April rose 0.6%.

According to CME's FedWatch, shortly after the release of the data, the federal funds rate futures trend suggests that traders expect the Federal Reserve to raise interest rates twice before the end of this year about 49% chance, lower than the data before the release of 54%.

Richard Franulovich, senior currency strategist at Westpac Banking Corp, said the Fed could still raise interest rates twice this year, but its urgency to take action and launch the hawks to raise interest rates is no longer there.

The euro rose 0.7 percent against the dollar to $ 1.0934 a day, and the euro fell to a minimum of $ 1.0838 for more than two weeks on Thursday.

The dollar fell 0.6 percent against the yen, down 113.21 yen on the same day, and hit about a two-month high of 114.36 yen on Thursday.


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