fxstreet.com 17 Feb, 2021 17:00 am

Dollar catches momentum with upbeat Retail Sales

Dollar catches momentum with upbeat Retail Sales
The EUR/USD pair has fallen sharply throughout the first half of the day, accelerating its slump after the release of US Retail Sales, which rose in

US Retail Sales soared by 5.The EUR/USD pair has fallen sharply throughout the first half of the day, accelerating its slump after the release of US Retail Sales, which rose in January 5.The core reading, Retail Sales Control Group, jumped from -2.2033 US Treasury yields at fresh one-year highs providing support to the greenback.

US Treasury yields are still the main support for the greenback, as they soared to their highest since February last year, with the yield on the 10-year Treasury note at around 1.FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

Read full story at fxstreet.com