Eurozone Retail Sales (MoM) came in at -0.1%, above expectations (-0.3%) in March

May 7, 2026

USD: Softer tone as Fed seen delaying cuts – MUFG

MUFG’s Lloyd Chan notes the US Dollar (USD) has softened as US Dollar Index (DXY) retests support and US yields fall, while equities hit new highs. Recent US data show stronger ADP employment but worrying ISM services inflation and weak employment.

Eurozone Retail Sales (MoM) came in at -0.1%, above expectations (-0.3%) in March

USD: Softer tone as Fed seen delaying cuts – MUFG

Eurozone Retail Sales (YoY) above expectations (1%) in March: Actual (1.2%)