Weak ISM PMIs and dovish Powell hurt the dollar. Investors add to their June rate cut bets. US CPI data the next test for the greenback. The data is scheduled for Tuesday at 12:30 GMT.
0:00 Intro
0:17 US CPI
2:08 US Dollar
2:49 Fed Dot Plot
For more information on the topics discussed in this video, including detailed charts and tables, read the full Preview article:
https://www.xm.com/research/analysis/previews/xm/will-the-us-cpi-data-come-to-the-dollars-rescue-preview-194187
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#CPI #inflation #USD
0:00 Intro
0:17 US CPI
2:08 US Dollar
2:49 Fed Dot Plot
For more information on the topics discussed in this video, including detailed charts and tables, read the full Preview article:
https://www.xm.com/research/analysis/previews/xm/will-the-us-cpi-data-come-to-the-dollars-rescue-preview-194187
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: https://www.xm.com/goto/risk/en
The Risk Warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date Risk Warning
Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis
In-depth market preview analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD as well as gold, oil, stock indices, commodities and stocks.
#CPI #inflation #USD
