The US Dollar has been losing ground this week as the market ponders the outlook for the Federal Reserve after less hawkish commentary and FOMC minutes. Will USD sink further?
We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.Wall Street IG Client Sentiment: Our data shows traders are now net-short Wall Street for the first time since Sep 21, 2023 when Wall Street traded near 34,068.90.The US Dollar is not off to a great start this week so far ahead of the highly anticipated inflation report. Will CPI data add fur...
The less hawkish rhetoric started on Monday from several Fed speakers and has continued into the middle of the week, culminating with the release of the FOMC meeting minutes from the September conclave overnight. A benign inflation environment there has allowed the Swiss National Bank to refrain from aggressive monetary policy tightening.
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