US Dollar Forecast: Focus Now Shifts to CPI Data and a Slew of Fedspeak Ahead - DailyFX
5/7/2022 12:00:00 AM2 years 11 months ago
by Daniel Dubrovsky
by Daniel Dubrovsky
The US Dollar may remain on the offensive with Fed balance sheet tightening just around the corner. Ahead, all eyes are on US CPI and a slew of Fedspeak amid jittery markets.
US Dollar Fundamental Forecast: Bullish
- US Dollar remained on the offensive as prices whipsawed around the Fed
- 75-basis point hikes were downplayed, but balance sheet tightening is n… [+2709 chars] full article...