Tuesday, 14 February 2023

US Dollar Trades Up Post CPI Beat as Markets Grapple Fed Hikes. Higher USD?

The US Dollar ascendency got back on track after inflation gauges popped higher and the focus moved to the Federal Reserve with more hikes coming. Will USD trend north?

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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...