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January 17, 2025

US Dollar Outlook: Retail Sales and Inflation Data Impact Sentiment

The US Dollar gains momentum as retail sales increase by 0.4% and inflation data eases. These developments suggest potential Federal Reserve rate cuts in the future, shaping market sentiment. Analysts are closely observing bond yields and the EUR/USD outlook as they navigate this economic landscape. The interplay between retail performance and inflation will be crucial in determining upcoming forex trends. For timely updates and analysis, turn to Entreprenerdly.com.

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