The index extends the leg lower for the fourth consecutive session and remains under heavy pressure on Friday, always against the backdrop of the marked improvement in the risk-associated universe.
Despite market participants continue to favour a 25 bps rate hike by the Federal Reserve at the May gathering, the likelihood that the hiking cycle could be near its end seems to have boosted the optimism in the risk complex in detriment of the buck.
Later in the US data space, Retail Sales will take centre stage along with Industrial Production, the advanced Michigan Consumer Sentiment and Business Inventories
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