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USD bulls have continued their strong run globally, as weakness in overseas market continues, but also strong economic growth continues to be a major factor. US retail sales m/m were very strong today coming in at 0.5% (0.1% exp), showcasing that consumers are not worried about tariffs or the high USD for that matter and currently are out spending. If consumption is a good indicator of economic health it may also bolster inflation expectations as retailers feel they can increase prices slightly during periods of expansion without fear of losing to many customers. So while economic growth is... Read More
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