Saturday, 7 May 2022

US Dollar Forecast: Focus Now Shifts to CPI Data and a Slew of Fedspeak Ahead

The US Dollar may remain on the offensive with Fed balance sheet tightening just around the corner. Ahead, all eyes are on US CPI and a slew of Fedspeak amid jittery markets.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...