Before the Dec-14th Fed meet, with two back to back inflation readings surprising positively, markets began to price in a bullish Fed pivot – growth supportive vs inflation fighting – for 2023. Widely broadcasted speech of Chair Powell in Nov-22 indicating a downshift
Dollar near two-month trough as US inflation data awaited
The US dollar experienced a decline against major currencies as investors closely monitor upcoming inflation figures. Both the euro and sterling gained strength, while the
August 10, 2026