US Dollar Strengthens as Investors Await PCE Release; Euro Struggles on Decline in German Retail Sales
Friday, 31 May 2024, 05:30
The US Dollar
Dollar rebounds ahead of PCE release; euro slips after German retail sales
Key Points:
- The US dollar strengthens as investors await the release of the PCE report.
- The euro weakens following a decline in German retail sales.
Conclusion: The market is closely monitoring these developments for insights into the potential impact on currency movements.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.