🔴 HOT NEWS USD

Core Retail Sales and Retail Sales just came out higher than forecast:

Core Retail Sales: 1.9% (forecast 1.4%)

Retail Sales: 1.7% (forecast 1.4%)

👉 Data shows that US consumer purchasing power remains very strong, providing good support for the USD.

🔺 Regarding the market:

A stronger USD → GOLD tends to face downward pressure.

Significant volatility may occur immediately after the news.