U.S. Inflation Lands Above Expectations
- Category: USD
The Dollar rose after U.S. inflation strengthened across the board in January and diminished the odds of more than one Federal Reserve Rate cut in 2025.
Pound Sterling is seeing a softer trend emerge and a retreat to 1.2250 is a possibility for the coming week.
There was not enough strength in the February U.S. jobs report to boost the Dollar into the weekend.
Trump Won't Devalue Dollar: Bessent
- Category: USD
A strong dollar won't face any pushback from U.S. President Donald Trump, even as he tries to rebalance global trade and lower the U.S. deficit.