"Dollar's Post-CPI Gain Faces Risk Before Retail Sales Report"

The US dollar's post-CPI rally is facing challenges as 10-year Treasury yields decline, prompting questions about the currency's upward momentum. Major currency pairs like EUR/USD and USD/JPY are testing key levels, while USD/CAD is retreating from a breakout. Gold has dipped below $2,000 but is finding support at the 100-day moving average. The dollar's next move hinges on bond market developments, with falling yields potentially providing a boost to risk trades.