Greenback is pressured by weak U.S. retail sales

On Friday, The dollar dropped lower against the Japanese yen, mainly due to weak U.S. retail sales data pushing the Federal Reserve to not raise the interest rates any time soon. High levels of uncertainty are still present as trade talks between Washington and Beijing are still in process.

The U.S. retail sales data had its largest decline since September 2009, showing a huge sign of weakness in the consumer sector and indicating the current poor state of the US economical state.

Where USD is heading next? 

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