The Dollar fell versus all of their major counterparts as US data came out better than expected and signaled the economic recovery is accelerating, fueling appetite for riskier assets. Retail Sales came out 0.3% better than expected -0.1%. In the U.S Stock Markets, the NASDAQ was almost unchanged losing -0.03% and the Dow Jones advanced by 0.12%. The Commodity markets tumbled with Crude Oil losing more than -1.4% closing at 81$ a barrel. The Gold (XAU) also fell and closed at 1101.5$ an ounce. Today, The NY Empire State Manufacturing Index is expected at 22 vs. 24.9 previously. The TIC Net Long-Term Transactions is expected at 50B vs. 63.3B previously and the Industrial production is expected at 0% vs. 0.9% previously.
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