Sunday, 12 February 2023

US Dollar Forecast: Inflation Data to Set Tone for Bond Yields, Fed Path

The U.S. dollar could extend its recovery in the coming week if January U.S. inflation data surprises to the upside and prompt traders to reprice higher the path of Fed rate hikes.

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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...