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Dollar Selloff Extends after PCE Inflation, Breaking to the Downside

Dollar Selloff Extends after PCE Inflation, Breaking to the Downside
Dollar’s selloff picks up momentum in early US session after PCE inflation slowed more than expected in October, while core PCE also declined. The data give a nod to Fed Chair Jerome Powell’s comment that smaller rate hikes could start in December. Yen is the better performer as supported by extended pull back in US […] The post Dollar Selloff Extends after PCE Inflation, Breaking to the Downside appeared first on Action Forex... Read More
Posted: Dec 1 2022, 13:58
Author Name: actionforex
Views: 110658

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