DY: Currencies Less Bid Than to Be Expected Following Stronger Overnight Data
Overall, a very solid round of data overnight has helped to keep USD bulls in check for the time being, with the Euro recouping a good portion of its Asian setbacks, and most other major currencies tracking higher against the Greenback on the day thus far.
FUNDYS
Overall, a very solid round of data overnight has helped to keep USD bulls in check for the time being, with the Euro recouping a good portion of its Asian setbacks, and most other major currencies tracking higher against the Greenback on the day thus far. German producer prices were firmer, Swiss trade data was solid, and UK retail sales were outstanding, to help drive the latest price action.