There is no stopping the US dollar. The Dollar Index hit the highest since 2010 after the retail sales report.
USD/JPY broke a barrier at 116.50 in the lead up to the report but then faded back. Afterwards, the pair surged to 116.80.
USDJPY intraday
EUR/USD broke below Wednesday’s low of 1.2420 and edged below 1.2400 to 1.2399.
EURUSD intraday
The weekly low is 1.2395.
