Currency Market Calm as US Inflation Data Holds Focus This Week
===============
#b9c27144 ver:1.12
The US Dollar remains steady as markets await US inflation data to gauge the possibility of interest rate cuts. The upcoming Consumer Price Index (CPI) data will be crucial in shaping market expectations. Weak CPI figures could increase the likelihood of rate cuts, while stronger-than-expected figures may reduce the probability. The US Dollar Index (DXY) is trading at 105.35, with major currencies remaining stable. #USD #inflation #CPI #interestrates...
#newstr #UsDollar #FederalReserve #Inflation #RateCuts #LaborMarket #UsEconomy #InterestRates #UsTreasuryBondYields #AustralianDollar #JoblessClaims #CpiData #Eur/usd #Usd/jpy #Gbp/usd
https://here.news/story/b9c27144?ver=1.12
US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP /
npub12z…e8pry
2024-05-13 03:06:13
Author Public Key
npub12zxvvg9lj9wgdmv62y09kun8scpnp9qkqdk2v73kj377c829v2mqqe8pryPublished at
2024-05-13 03:06:13Event JSON
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"content": "Currency Market Calm as US Inflation Data Holds Focus This Week\n===============\t\n#b9c27144 ver:1.12\n\nThe US Dollar remains steady as markets await US inflation data to gauge the possibility of interest rate cuts. The upcoming Consumer Price Index (CPI) data will be crucial in shaping market expectations. Weak CPI figures could increase the likelihood of rate cuts, while stronger-than-expected figures may reduce the probability. The US Dollar Index (DXY) is trading at 105.35, with major currencies remaining stable. #USD #inflation #CPI #interestrates...\n\n#newstr #UsDollar #FederalReserve #Inflation #RateCuts #LaborMarket #UsEconomy #InterestRates #UsTreasuryBondYields #AustralianDollar #JoblessClaims #CpiData #Eur/usd #Usd/jpy #Gbp/usd \n\n https://here.news/story/b9c27144?ver=1.12",
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