Market Watch: Predictions for the Dollar’s Movement Leading Up to the Fed Meeting and CPI Data Release
Key Takeaways π΅ Dollar Index dropped 0.4% ahead of Fed meeting and CPI data π U.S. currency in demand after strong jobs report, less expectation for Fed rate cuts π May CPI expected to rise 0.1% on the month, annual rise of 3.4% π Focus on Fed meeting for interest rate forecasts and inflation objective … Read more