The dollar index passed 101, which we last saw for just over a week at the height of the lockdowns. But history suggests that this rally has roughly passed the halfway point. Except for a brief period of stock market panic in March 2020, the last time the dollar was at this level against a […]
The post Dollar is Only Halfway Through the ‘Hawkish Fed’ Rally appeared first on Action Forex.
US producer prices surprised to the upside in February, with PPI rising 0.7% mom, more than double expectations of 0.3% mom. The annual rate accelerated to 3.4% yoy from 2.9% yoy, marking the strongest pace Read more…
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Key takeaways BoJ policy pause amid stagflation risks: The Bank of Japan is expected to keep rates unchanged at 0.75%, balancing rising inflation with slowing growth as higher oil prices from the US–Iran war in Read more…