Wednesday, 11 October 2023

US Dollar Slides on Fed Tilt but CPI Fears Linger. Will Treasury Yields Go Lower?

The US Dollar has been losing ground this week as the market ponders the outlook for the Federal Reserve after less hawkish commentary and FOMC minutes. Will USD sink further?

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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...