SHORT POSITION

DXY;TECHNICAL
FORECAST:BEARISH

Fundamental Forecast for US Dollar: Bearish


The US Dollar Index (DXY) extends the decline from the start of April

despite the 9.8% rise in US Retail Sales, and the data prints on tap for the week ahead may do little to influence the Greenback as the Federal Open Market Committee (FOMC) appears to be on track to retain the current path for monetary policy.







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