The dollar was relatively unaffected by a host of positive data releases yesterday and continues to balance this ‘bullish’ data with falling treasury yields.
It seems that the US economy is on the road to recovery, as initial jobless claims figures were the lowest since the country was first hit with Covid-19.
Retail sales also saw a marked improvement, increasing by 9.8% month-on-month in March – the biggest increase in 10 months.
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