CMS Forex - The dollar rose against its rivals Thursday on better-than-expected US retail sales and Federal Reserve Bank of Philadelphia President Charles Plosser's hawkish comments. Plosser warned about rising inflation and said it was a question of time before the Federal Reserve will raise interest rates. The retail sales data and the worst import prices inflation in over two decades bolster the odds that the Fed may hike interest rates. Several currency pairs are at crucial technical levels.
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