On Friday the popular greenback remained in profit following an increase in the US retail sales that softened the anxieties regarding the US economy. However, investors warned that the US dollar is still fragile due to the growing risks for a potential economic recession. The greenback profited versus the safe-haven currencies such as the Swiss franc and yen. During Asian trading, the greenback increased its profits and the yen dropped while Japanese stocks cancelled their initial losses. The movement soon faded. The dollar index versus a box of six important currencies went higher to 98.217.
German banks are in bad shape
Daily Analysis - 16/08/2019