RSS EUR/USD Forex Signal: Bearish Sentiment Ahead of US Retail Sales Data - 16 January 2025

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 RSS EUR/USD Forex Signal: Bearish Sentiment Ahead of US Retail Sales Data - 16 January 2025

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The EUR/USD exchange rate moved sideways after the US core inflation moved downwards slightly providing a big relief to investors. According to the statistics agency, the core consumer price index (CPI) dropped from 0.3% in November to 0.2%, lower than the median estimate of 0.3%. It dropped from 3.3% to 3.2% on a YoY basis.
 
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