PCE inflation data will wrap up a very busy week for the US dollar on Friday. The Fed’s favourite inflation metric will be accompanied by personal income and spending numbers when released at 13:30 GMT. No peak in sight for US inflation The core PCE price index jumped to 4.7% year-on-year in November. It is […]
The post After Hawkish Fed and Strong GDP, Can PCE Inflation Add More Fuel to Dollar Rally? appeared first on Action Forex.
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Canadian Dollar and Mexican Peso faced sharp declines after US President-elect Donald Trump announced plans for aggressive trade measures targeting Canada, Mexico, and China. Trump stated that on January 20, as one of his first Read more…
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