<p>In the latest release from Japan, retail sales rose 1.3% mom, surpassing the anticipated increase of 0.8% mom. This growth also reflects a robust 5.7% yoy rise, again beating expectations of
Despite this week’s move by EUR/USD below the 1.09 level, the Euro (EUR) remains the third best performing G10 currency in the year to date after the US Dollar (USD) and the Pound Sterling (GBP).
<p>Our forex strategists leaned with bullish USD sentiment, which was effective early on but ran into problems as traders took profits on USD longs ahead of NFP. </p>
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