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US Dollar Seeks Fed Signals in PPI, Retail Sales Data – EUR/USD, USD/JPY Setups

March 14, 2024

Via: DailyFX

The U.S. dollar experienced a slight dip on Wednesday, although its descent was cushioned by an uptick in U.S. Treasury yields. In any case, FX volatility remained subdued as traders appeared to refrain from taking large directional positions ahead of Thursday’s key events on the U.S. calendar: the unveiling of the Producer Price Index (PPI) and advance monthly sales for retail and food services.

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