Wednesday , 12 February 2025
Home Forex Forex Today: Key US CPI takes centre stage amid a cautious Fed
Forex

Forex Today: Key US CPI takes centre stage amid a cautious Fed

The US Dollar set aside three consecutive daily advances on Tuesday, coming back to test the 108.00 region despite Chief Powell’s prudent tone at his semiannual testimony and ahead of the upcoming US CPI data release.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

ForexLive Asia-Pacific FX news wrap: USD/JPY up a big figure +

Fidelity’s global macro director says the uptrend in US equites "feels like...

Fidelity’s global macro director says the uptrend in US equites “feels like late innings”

Jurrien Timmer is Director of Global Macro at Fidelity: trend remains up...

Wall Street Journal on ‘what we know’ about Trump’s reciprocal tariffs

The Wall Street Journal piece is gated:What We Know About Trump’s Reciprocal...

GBP/USD holds gains near 1.2450, downside risks appear due to hawkish Fed

GBP/USD remains steady after registering gains in the previous session, trading around...