US retail sales missed expectations for September, further raising doubts that the Fed will have the fundamentals behind them to raise interest rates this calendar year. If you’re clinging onto the thin possibility that the jackpot USD long trade is still in play, this is just yet another reason to reconsider your stance. “USD Core Retail Sales m/m (-0.3% v -0.1% expected)” “USD Retail Sales m/m (0.1% v 0.2% expected)”” The August revision was also to the downside, from an initial 0.2% to an
↧