The US dollar remains strong against the G10 currencies as we approach the release of the US January CPI. The week commenced with reports indicating that Chinese officials were advocating for a reduction in exposure to US Treasuries. Supported by better-than-anticipated employment figures for January, the dollar reduced its declines. In a surprising turn of Read More
The U.S. dollar regained strength, approaching a one-month high during early Asian trading on Wednesday, following U.S. CPI data that aligned closely with expectations. This development bolstered the belief that the Federal Reserve is likely to maintain its current stance later this month, even amid significant pressure from the White House to reduce interest rates. Read More
The US Dollar Index strengthens to approximately 98.55 during the early European session on Friday. The US Consumer Price Index increased by 2.7% year-over-year in November, which was below expectations. Cooling US inflation may create opportunities for the Federal Reserve to implement rate cuts. The US Dollar Index, which reflects the value of the US Read More
