FXStreet — The BNZ currency analyst Jason Wong says that the focus on the US CPI and retail sales on Friday, while the market is expecting again with a weak result.
«If the core CPI remains the second month in a row behind the expectations, the expectations of the market in terms of a Fed interest rate increase will fall in June to 75% and the USD will be weakened. Prior to the publications, there will be Fed Speeches and this will repeat, without a doubt, the Mantra that the Outlook for the economy and higher interest rates have not changed, although the GDP, CPI and average wages were weak.
** FXStreet News Editorial, FXStreet**
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