Filed Under:
Forex pairs in this Article » EUR/USD
FXStreet (Barcelona) - Kasper Kirkegaard, Chief Analyst at Danske Bank notes that US Treasuries gained on the disappointing US Retail Sales numbers and the dollar weakened.

Key Quotes

“The reaction on the equity market was more peculiar with the weak retail sales triggering a 1% rally in the S&P500 future in what had been a negative day.”

“The only good explanation for this could be that we are back in the ‘sweet spot’ for risk assets where weaker data make investors discount a higher probability of a response from the central bank (i.e. a pause in QE tapering).”
comments powered by Disqus