Analyzing the Impact of Inflation Data on the Dollar and Jobless Data on Sterling
Key Takeaways: π΅ The U.S. dollar slightly increased, with calm trading anticipating U.S. inflation data. π A potential rate cut by the Federal Reserve depends on inflation numbers. π¬π§ GBP/USD decreased due to UK jobs data showing rising unemployment. πͺπΊ EUR/USD dipped after German CPI figures, indicating controlled inflation. π USD/JPY saw slight gains in … Read more