US dollar index (DXY) sits and waits for US CPI, retail sales data

The US dollar index (DXY) retreated for the second day in a row after a relatively hawkish Jerome Powell statement. It also pulled back ahead of key US economic data like inflation, retail sales, industrial and manufacturing production, and housing starts. It was trading at $105.00, down from the year-to-date high of $106.52. Key US […]