A very important information for today’s trading was published yesterday. A report on ‘Retail Sales of the United States’. The report serves as a mirror where the state of economy can be reflected. Simply put, the better is the information in the report, the better the state of national economy is, the better the national currency is doing. This report displayed the lowest and the worst info in 9 years and naturally everything was reflected in the performance of the dollar.
We can see a clear down-movement for the greenback. And is seems that this turbulence is not going to stop today.
There are no major reports for the USD today and that means that recovery fully depends on the dollar itself. If you want to be sure what to do next – try our trading signals!
