USD turning back down after less than convincing inventory data

The worse than expected wholesale inventory and sales data has given traders an excuse to book some profit and pause for breath

And in the aftermath of the NY option expiries we’re seeing decent EURUSD and GBPUSD buying, not to mention USDJPY selling

EURUSD 1.2994 GBPUSD 1.4955 USDJPY 95.85

Maybe we’re all done for the day but these markets do not allow for any complacency.

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