US Dollar struggling near 91.50 despite strong retail sales data

Trading Discussion Currencies
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The US dollar trades back to near yesterday’s low. During the previous session, the Index slightly rebounded following the upbeat US retail sales and jobless claims data.

Read my $USD Technical analysis here-https://gulfbrokers.com/en/us-dollar-struggling-near-9150-despite-strong-retail-sales-data

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I think you forgot to put your link.

But yeah, it’s weird how USD is so weak despite all the strong data…fundamentally, it is really puzzling.

I remember reading a report earlier this year that BOJ is keen to keep USD/JPY above 108 and we are very near 108. USD got to rebound from here, otherwise it is really gonna blow my mind!

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This post might help you with the fundamental side of things. Remember, Fundamental analysis doesn’t always effect the market straight away. Fundamental Analysis

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