Forex Preview: 15/11/2021 – US retail sales could add fuel to the dollar’s rally

The dollar sliced through its rivals this week as inflation fired up, raising bets that the Fed will be forced to normalize at a faster clip. Markets are now split on whether the central bank will raise rates twice or three times next year, so the upcoming retail sales at 13:30 GMT Tuesday could be crucial. A solid report could tip the scales towards three hikes, and give the dollar more fuel.

0:00 Intro
0:17 Fed Rate Hikes
0:55 US Retail Sales
1:39 US Dollar
2:30 Euro
2:58 EUR / USD

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