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Dollar Sell-Off Resumes after PPI; Spotlight Shifts to FOMC Hold

Dollar Sell-Off Resumes after PPI; Spotlight Shifts to FOMC Hold
Dollar is facing renewed selling in early US session as data reveals a further slowdown in upstream inflation via PPI. All eyes are now on the much-anticipated FOMC rate decision where a ‘hold’ is broadly expected. However, the possibility of an upside surprise in both inflation projections and the dot plot remains, suggesting that we […] The post Dollar Sell-Off Resumes after PPI; Spotlight Shifts to FOMC Hold appeared first on Action Forex... Read More
Posted: Jun 14 2023, 13:13
Author Name: actionforex
Views: 110851

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