📰 EURUSD Modestly Recovers as Strong US Retail Sales Support Dollar Strength Amid Fed Pause Expectations
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Jul 18, 2025, 02:06 EDT
| 🔗 Source: Reuters
🧠 Summary
The U.S. dollar rises on strong retail sales and jobless claims data, supporting a Fed pause on rate cuts. EURUSD edges up amid market uncertainty, while USDCAD remains unaffected. Japan's election uncertainty pressures the yen, influencing currency dynamics.
💡 Why this signal?
- EURUSD's drop reflects strengthening US dollar momentum, pressuring the Euro against the greenback.
- The US Dollar Index posted gains, indicating broad dollar demand that weighs on EURUSD.
- Market sentiment favors the dollar, likely limiting EURUSD's upside in the immediate trading sessions.
📈 EURUSD Price Trend
⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact
No competitors impacted.
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