There are several key data releases scheduled in over the course of this week that could swing the dollar back into play with its rivals. The next big release to watch after tomorrow’s PPI and retail sales will be building permits on Thursday.
In the previous release, building permits in the US tumbled 10.6% from a month earlier to a seasonally adjusted annual rate of 1.351 million in November 2022. This was the lowest level since June 2020.
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