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Dollar up before CPI, retail sales

Published 05/12/2017, 06:33 AM
© Reuters.  Dollar up before CPI, retail sales
UUP
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UDN
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USDU
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  • The dollar is heading for its best week of the year.
  • It comes ahead of reports forecast to show inflation and retail sales both increasing last month, backing the case for the Fed to keep raising interest rates this year.
  • In addition to U.S. data, investors will be keeping an eye on a two-day meeting in Italy of finance chiefs from the G7.
  • ETFs: UUP, UDN, USDU
  • Now read: The Reflation Trade In Japan


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