US Dollar Rises in Anticipation of Inflation Data Release
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#191fec04 ver:1.13
The US dollar rises ahead of inflation data release, while the pound initially falls after Bank of England keeps rates unchanged. Gold prices rise as investors anticipate Fed rate cuts. Market volatility expected with upcoming retail sales and CPI inflation prints. Traders focus on weak US data for potential Fed cuts, but caution against overreacting to weekly jobless claims. Next week's inflation report and speeches by Fed Chair Powell and BoE Chief Economist Hew will be closely watched. US dollar susceptible to further selling if US data weakens. #USD #inflation #GBP #gold #Fed #BoE...
#newstr #UsDollar #Inflation #FederalReserve #InterestRates #Pound #BankOfEngland #JapaneseYen #BankOfJapan #Yuan #China
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