T.O.T
T.O.T
February 12, 2025 at 11:32 AM
US Dollar steadies ahead of CPI data as traders assess Fed’s stance on rate cuts. Will inflation force a policy shift? Fed Chair Powell signals no rush to cut rates, keeping DXY stable. Traders eye CPI data for the next market move. Stronger-than-expected CPI could delay Fed cuts, boosting DXY. A miss may weaken USD and lift GBP/USD & EUR/USD.
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