On Friday (October 16), most of the US dollar fell against G-10 currencies. Previously released data showed that US retail sales grew faster than expected, and consumer confidence rose slightly in early October. The pound is stable as traders still have hope for the prospect of a trade agreement between the UK and the EU, and the two sides will continue negotiations next week. SEK and CAD led G-10 currencies.
On Friday (September 25), after some people predicted that the dollar would weaken throughout the summer, the dollar recovered this week. It is currently up 0.26% to 94.61. It is expected that this week will have a more than a 2% increase. The biggest five-day increase since April. The technical picture shows that more gains are coming.