Send us Fan Mail Dollar pressured from inline CPI report as stocks extend rally. But Fed rate cut expectations pared back slightly ahead of new Fed dot plot. Fed to kickstart central bank bonanza. Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply. Please consider our Risk Disclosure: ... Show More
Aug 2022
Stocks rally on soft US CPI, but Fed members keep feet on the ground
US consumer prices eased in July, and they eased more than expected. US yields pulled lower after the CPI print, the US 10-year yield retreated, the US dollar slipped, gold gained, and the US stock markets rallied. The EURUSD jumped to 1.0370 mark, as Cable made another attempt t ... Show More
10m 17s