The US dollar has stabilized and may be influenced by this week's US inflation data in the future
CPT Markets Chief Revenue Officer Lakvani said that the US CPI inflation data for December, which is scheduled to be released on Thursday, may have a significant impact on the trend of the US dollar. In a report, he stated that due to reduced expectations of a rate cut by the Federal Reserve in March, pressure on the US dollar has eased and recent labor market data shows a stronger economy
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Overview of Major Overnight Developments on October 29
Spot gold rises to $3,960 per ounce, up 0.20% on the day
WisdomTree partners with BNY to provide funding channels for its digital asset app