Saturday, 15 October 2022

US Dollar Forecast: Bullish Bias Intact as Hot CPI Will Keep Fed on Hawkish Path

The U.S. dollar is likely to remain supported in the near term on bets that persistently high inflation in the U.S. economy will keep the Fed on a hawkish tightening course over the forecast horizon.

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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...