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Dollar Slumps Amid Weak U.S. Data

Key Takeaways: *Disappointing U.S. Data: Core Retail Sales and PPI both missed expectations, reinforcing concerns of economic slowdown following prolonged trade tensions. *Inflation Remains Muted: CPI and inflation figures continue to underperform forecasts, easing concerns over supply-driven price shocks. *Fed Policy Uncertainty: Jerome Powell reiterated a data-dependent approach, signaling no clear rate path amid conflictingContinue Reading
Market Pullback: Dollar Index Drops, Gold Bearish!

Written on May 15, 2025 at 9:08 am
Categories: Market In Minutes
Chart the Market (15/05/2025)

ETH, H4: Ethereum (ETH) extended its rally in the previous session, reaching its highest level since March before encountering resistance near the $2,755 mark—a pivotal level that previously acted as a key inflection point. Failure to decisively break above this zone may trigger a technical retracement. Momentum indicators are flashing early signs of a potentialContinue Reading
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