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home / news releases / USAI - Dollar Softens Awaiting U.S. Retail Sales


USAI - Dollar Softens Awaiting U.S. Retail Sales

The US dollar is lower against most major pairs except the Japanese yen and the Swiss franc. Risk appetite made a comeback this week and pushed the three currencies lower as investors shied away from safe havens. A strong start to the US earnings season with JPMorgan (JPM) and Wells Fargo (WFC) leading the way triggered optimism despite global growth warning from the IMF earlier in the week. Central banks were muted this week as dovish rhetoric continues to be the norm. Brexit will be around for longer as an extension until October 31 as

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Stock Information

Company Name: American Energy Independence
Stock Symbol: USAI
Market: NYSE

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