Julian Benson
on February 16th, 2023 It was a stellar day for the dollar yesterday, strengthening by between 0.5 and 1.5% against major rivals.
Retail sales were one of the drivers, confounding the markets by reversing December’s 1.1% loss to a 3% rise in January. The NY Empire State Manufacturing Index climbed 27.1 points too.
Today we’ll hear housing data, with Building permit numbers at 2pm, the in evening it’s something of an FOMC bonanza, with three members of the Fed’s rate-setting panel offering their views.
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