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Dollar on the brink once again

The dollar tilted lower after the US CPI data yesterday here, with headline annual inflation coming in softer than estimated. While a 25 bps rate hike next month seems to be secured, the fact that price pressures are showing signs of easing is helping to solidify the prevailing rates outlook in the coming months at least.As things stand, Fed fund futures are pricing in a peak of around 5.01% in June before tilting lower thereafter until the end of the year. That is putting the dollar in a tough... Read More

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Forex

Posted: Apr 13 2023, 04:05

Author Name: forexlive

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