{"id":230950,"date":"2024-01-17T15:40:30","date_gmt":"2024-01-17T10:10:30","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=230950"},"modified":"2024-01-17T15:40:30","modified_gmt":"2024-01-17T10:10:30","slug":"strong-us-retail-sales-will-only-add-to-bid-dollar-tone-ing-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/strong-us-retail-sales-will-only-add-to-bid-dollar-tone-ing-crypto-news\/","title":{"rendered":"Strong US Retail Sales will only add to bid Dollar tone \u2013 ING &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/us-dollar-index\">US Dollar<\/a> Index refreshes five-month highs. Economists at ING analyze Greenback\u2019s outlook ahead of the US Retail Sales report.<\/p>\n<h2 class=\"fxs_headline_medium\">DXY to extend gains to the 104.00\/104.25 area<\/h2>\n<blockquote>\n<p>A combination of weakish China data and a pushback by both ECB and Fed officials against early easing is weighing on risk sentiment and supporting the Dollar.<\/p>\n<\/blockquote>\n<blockquote>\n<p>It is hard to see that sentiment changing today should US December Retail Sales come in on the strong side.<\/p>\n<\/blockquote>\n<blockquote>\n<p>It was not our baseline call on Tuesday, but the US Dollar Index (DXY) did break resistance around 103.10\/103.15 (now support) and the upside bias to US rates and a mixed risk environment warns of DXY extending to the 104.00\/104.25 area.<\/p>\n<\/blockquote>\n<p>See \u2013\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/us-retail-sales-preview-forecasts-from-nine-major-banks-consumers-continued-spending-in-december-202401170726\">US Retail Sales Preview: Forecasts from nine major banks, consumers continued spending in December<\/a><\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: US Dollar Index refreshes five-month highs. Economists at ING analyze Greenback\u2019s outlook ahead of the US Retail Sales report. DXY to extend gains to the 104.00\/104.25 area A combination of weakish China data and a pushback by both ECB and Fed officials against early easing is weighing on risk sentiment and supporting the Dollar. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":20478,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,297,246,257,459,366,255,250,252,247,253,791,249,256,254],"class_list":["post-230950","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-china","tag-coin","tag-cryptocurrency","tag-dollarindex","tag-fed","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-retailsales","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/230950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=230950"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/230950\/revisions"}],"predecessor-version":[{"id":230951,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/230950\/revisions\/230951"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/20478"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=230950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=230950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=230950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}