Softening U.S. CPI, Retail Sales To Thwart EUR/USD H&S Formation
November 15, 2017 at 03:49 AM EST
A downtick in the U.S. Consumer Price Index (CPI) paired with a soft reading for Retail Sales may fuel the near-term recovery in EUR/USD as it undermines the Federal Reserve’s scope to further normalize monetary policy in 2018.