US Retail Sales, Fed Minutes & Powell Could Spark Summer Fireworks for the Dollar - NewsBreak
By Ulises in Business
Updated 3 years ago
The US dollar is just reeling from unexpectedly weak consumer sentiment data but there could be more trouble on the way as retail sales numbers due Tuesday (12:30 GMT) are not anticipated to impress. However, none of that may matter if there are further hawkish soundbites coming from the Fed's way when Chair Jerome Powell speaks on Tuesday (17:30 GMT) and the July FOMC minutes are published on Wednesday (18:00 GMT).